Mobile Money Transaction Reaches 40 Billion Naira Monthly- Says CBN


photo source: businessdayonline.com
  As Mobile Money Transaction begins to get high patronage in Nigeria, the Central Bank of Nigeria through the Chairman of the Nigerian Interbank Settlement System plc (NIBSS) who is also the Deputy Governor of CBN, Alhaji Sulaiman Barau has disclosed that the Mobile Money transactions now hits about 40 Billion Naira monthly.
 He said since the inception of the Cashless Policy in Nigeria there has being tremendous growth in the use of Mobile devices in performing transactions.
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