A total volume of 910,186,115 transactions valued at N65.16 trn were recorded in 2016 as data on Electronic Payment Channels in the Nigeria Banking Sector revealed. ATM transactions dominated the volume of transactions recorded. 590, 238, 934 volume of ATM transactions valued at N4.98 trn were recorded in 2016. 

Data source: National Bureau of Statistics / Central Bank of Nigeria (CBN)

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