The value of USSD transfers dropped by over ₦685 billion in 2022

The value of transactions conducted over Unstructured Supplementary Service Data (USSD) in Nigeria in 2021 was ₦5.2 trillion, 73% higher than 2020 figures. The total transaction value dropped by ₦685 billion in 2022, a 13.3% decline. The transaction volume also witnessed a 6% decline.

Source:

Central Bank of Nigeria

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Period:

2020 - 2022

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