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POS TRANSACTIONS IN NIGERIA

Point of sale transactions carried out in Nigeria in the first eight months of the year stood at...
Total value of transactions from PoS machines increased by N500 billion in five months.
The latest selected banking sector data released by the National Bureau of Statistics (NBS) shows that the total value of transactions for both Point of Sales (POS) and Automated Teller Machines (ATMs) during the first quarter (Q1) of 2019 decline by N258 billion. 
The Nigeria Inter-Bank Settlement System, is working towards doubling the record 285 million point-of-sale (P.O.S) transactions that was recorded last year.