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

Published by
Doris Dokua Sasu,
Jul 9, 2025

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

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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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