Nigerians conducted electronic transactions in just four payment categories, summing up to N178 trillion in 2020 alone, a half bigger than the N119 trillion reported the year before.Most Nigerian banks ironically lost e-business revenue in 2020 after the coronavirus crisis-induced lockdowns pushed more people online, with increased online payments and transfers, with only four of 12 banks reviewed recording increased e-business income.
and Zenith Bank — lost big, with Zenith losing 37 per cent and GTB losing 25 per cent of their e-business revenue.
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