Annual value of money transfers via the internet in Nigeria 2020-2022

Published by
Doris Dokua Sasu,
Sep 30, 2024

In 2022, online money transfers in the value of nearly 784 trillion Nigerian naira (NGN), roughly 514.7 billion U.S. dollars, were performed in Nigeria. This increased from around 545 trillion NGN (358,3 billion U.S. dollars) in the previous year.

Annual value of online money transfers in Nigeria from 2020 to 2022 (in trillion Nigerian naira)

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Release date

2024

Region

Africa, Nigeria

Survey time period

2020 to 2022

Special properties

web transfers

Supplementary notes

* Data from January to August 2020.

The release date is the date of access.

Figures have been rounded.

Currency conversion rate as of July 03, 2024 at 1 NG N = 0.00066 USD.

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