Nigeria: The volume of POS transactions in 2022 was 1,500x the volume in 2012

In 2012, the volume of Point of Sale (POS) transactions in Nigeria was nearly 2.6 million, valued at ₦48 billion. As of 2022, it had grown to nearly four billion transactions worth ₦41 trillion. The volume and value of POS transactions surged between 2020 and 2022.

Source:
Central Bank of Nigeria
Period:
2012-2022
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