The National Bureau of Statistics (NBS) says A total volume of 461,980,541 transactions valued at N29.44 trn was recorded in Q4 2017 as data on Electronic Payment Channels in the Nigeria Banking Sector revealed.

The NBS said this in a report on “Selected Banking Sector Data: Sectorial Breakdown of Credit, e-Payment Channels, Deposits and Domestic Credit Breakdown and Staff Strength’’ and made available to Brand Spur Nigeria.

The Bureau stated that the Automated Teller Machine (ATM) transactions dominated the volume of transactions recorded. 239,692,229 volume of ATM transactions valued at N1,833 bln were recorded in Q4 2017.

It stated that in terms of credit to private sector, a total of N15.74 trn worth of credit was allocated by the banks in Q4 2017. Oil & Gas and Manufacturing sectors got credit allocation of N3.58trn and N2.17 trn to record the highest credit allocation in the period under review.

The report also stated that the total number of banks staffs increased by 9.19% from 82,840 in Q3 2017 to 90,453 in Q4, 2017.

Click here to Download the Full Report…

SOURCE: https://brandspurng.com/nigerian-banking-sector-records-transactions-worth-n29-44-trillion-in-q4-2017-nbs/

And... Weren't we supposed to be in a recession by that time frame?

Uncle Bubu...Come and explain ya sef

Naija and Statistics. Issokay

[center][/center]

Jesu

Yet anoda huge statistics
Yet anoda day

Wait o IBB, why would you instruct your spokesperson to write a letter and later come out to say we should debunk it,that it is just a rumour going round on social media,are you a coward? .O, why am i even asking? .yes you are.you are afraid of social media missiles.you are afraid of the Buharists or should i even say majority of the masses?.if you want to hasten your death just tell PMB to drop his second term ambition again.Just as a reminder, this is still the same country that forced you to step aside in 1993, this time, they might not only step you aside but inside. Please you people should just enjoy your old age in peace.We know what is good for us. You did 8-9 years before you stepped aside,why not let Buhari do his own before stepping aside.

Nigerians now eats virtual developmental stats for breakfast.

woe

Buhari is working!

Patience is a virtue, tolerance is an amazing positive gift. Buhari is a leader full of astonishing positive qualities, a manager of human behaviour, never sentimental, never hostile, never takes the excesses on insinuations to heart but understands the actions of all as a father. He has chosen peace other than segregation and takes everyone as his own. How else can he be defined if not a rare character of emulation worthy to continue as the President of Nigeria.

#iStandWithBuhari 110%

Okay great... give us a comparable period, otherwise what do we do with these figures?

how does it affect Chelsea's scoreline yesterday

BrandSpurNG:
The National Bureau of Statistics (NBS) says A total volume of 461,980,541 transactions valued at N29.44 trn was recorded in Q4 2017 as data on Electronic Payment Channels in the Nigeria Banking Sector revealed.

The NBS said this in a report on “Selected Banking Sector Data: Sectorial Breakdown of Credit, e-Payment Channels, Deposits and Domestic Credit Breakdown and Staff Strength’’ and made available to Brand Spur Nigeria.

The Bureau stated that the Automated Teller Machine (ATM) transactions dominated the volume of transactions recorded. 239,692,229 volume of ATM transactions valued at N1,833 bln were recorded in Q4 2017.

It stated that in terms of credit to private sector, a total of N15.74 trn worth of credit was allocated by the banks in Q4 2017. Oil & Gas and Manufacturing sectors got credit allocation of N3.58trn and N2.17 trn to record the highest credit allocation in the period under review.

The report also stated that the total number of banks staffs increased by 9.19% from 82,840 in Q3 2017 to 90,453 in Q4, 2017.

Click here to Download the Full Report…

SOURCE: https://brandspurng.com/nigerian-banking-sector-records-transactions-worth-n29-44-trillion-in-q4-2017-nbs/

how many percent of these transactions were loans to the common man

useless people

Cool...

Na Bitcoins purchase and resale. Recycling cash everywhere.

ipob and wailing zombies looking at the thread like:

BrandSpurNG:
The National Bureau of Statistics (NBS) says A total volume of 461,980,541 transactions valued at N29.44 trn was recorded in Q4 2017 as data on Electronic Payment Channels in the Nigeria Banking Sector revealed.

The NBS said this in a report on “Selected Banking Sector Data: Sectorial Breakdown of Credit, e-Payment Channels, Deposits and Domestic Credit Breakdown and Staff Strength’’ and made available to Brand Spur Nigeria.

The Bureau stated that the Automated Teller Machine (ATM) transactions dominated the volume of transactions recorded. 239,692,229 volume of ATM transactions valued at N1,833 bln were recorded in Q4 2017.

It stated that in terms of credit to private sector, a total of N15.74 trn worth of credit was allocated by the banks in Q4 2017. Oil & Gas and Manufacturing sectors got credit allocation of N3.58trn and N2.17 trn to record the highest credit allocation in the period under review.

The report also stated that the total number of banks staffs increased by 9.19% from 82,840 in Q3 2017 to 90,453 in Q4, 2017.

Click here to Download the Full Report…

SOURCE: https://brandspurng.com/nigerian-banking-sector-records-transactions-worth-n29-44-trillion-in-q4-2017-nbs/

Daura Awaits the Dollardinho

ok

Banks are making too much on these online transaction stuff...

And they are ripping people off. I cant understand why GTB for instance, will collect a monthly fee of cost of transaction a month (its now mostly in thousands now for me) and will yet collect cost of transaction for each transaction done every time within a day!

Now u can't see dos pigs here