Number of licensed MMOs in Nigeria 2016-2019

Published by
Doris Dokua Sasu,
Jul 18, 2022
In 2019, there were 22 licensed mobile money operators in Nigeria, one more compared to the previous years. Mobile money allows you to receive, store, and spend money using a mobile phone. This service can be provided by banks, mobile money operators (MNOs), telecom companies, payment service providers, or similar. Nigeria had around 15 million mobile money customers in 2019. The number of users of this service has experienced an increase in the last years.

Number of licensed mobile money operators (MMOs) in Nigeria from 2016 to 2019

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Release date

2020

Region

Nigeria

Survey time period

2016 to 2019

Supplementary notes

Figures were taken from several publications.

Data as of December of each year.

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