Lagos - With the population of internet users growing rapidly, online transactions in Nigeria are expected to reach N1 trillion by the end of 2014.
The emergence of mega online retail outfits like Jumia, Konga, Wakanow.com, etc has been the driving force behind the push, reports Leadership.
The surge in online transaction is also attributed to commercial banks and other financial institutions increasingly adopting platforms where their customers can use mobile phones to make payments in line with the cashless policy of the Central Bank of Nigeria (CBN).
Read more at Leadership.
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