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ATM Transactions Worth N39.15trn, In Q4 2018 - Business - Nairaland

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Face-Mask Can Cause Failed ATM Transactions - Banks / Banking Sector Records Transactions Worth N32.48 Trillion In Q1, 2018 – NBS / Banking Sector Records Transactions Worth N29.44 Trillion In Q4 2017 – Nbs (2) (3) (4)

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ATM Transactions Worth N39.15trn, In Q4 2018 by GoodGovernance: 10:25am On Feb 21, 2019
Automated Teller Machine (ATM) transactions valued at N39.15 trillion ,were recorded in the fourth quarter (Q4) of 2018, from selected banks across the country.

According to the National Bureau of Statistics (NBS), the N39.15 trillion was derived from 616,528,697 transactions recorded as data on “Electronic Payment Channels in the Nigeria Banking Sector” during the period.

The bureau added that NIBSS Instant Payments (NIP) transactions dominated the volume of transactions recorded in the quarter.

According to the report, 228, 209, 423 NIP transactions valued at N23.57 trillion were recorded in the quarter under review.

In terms of credit to private sector by the Central Bank of Nigeria (CBN) during the period, the report said the total value of credit allocated by the bank was N15.13 trillion.

It said Oil and Gas and Manufacturing sectors got credit allocation of N3.55 trillion and N2.23 trillion to record the highest allocation in the quarter.

The report also stated that the number of staff in the banking sector increased by 1.80 per cent quarter-on-quarter, from 102,821 in the third quarter to 104,669 in the period.

https://www.financialdigest.com.ng/blog/2019/02/21/atm-transactions-worth-n39-15trn-in-q4-2018/
Re: ATM Transactions Worth N39.15trn, In Q4 2018 by Nobody: 10:31am On Feb 21, 2019
Is this inclusive of my 5k I withdrew last month?
Re: ATM Transactions Worth N39.15trn, In Q4 2018 by Realdeals(m): 10:44am On Feb 21, 2019
Don't be suprised to know if only about 100 people out of 200M are responsible for 90% of those transactions.

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