How Nigerian Govt Generated N103.7b From Cash Transfer Levies

Cash Shortage PoS Agents

The Federal Government of Nigeria generated N103.7bn in revenue from Electronic Money Transfer Levies (EMTL) in the first half of 2024, marking a 7.55% increase compared to N96.44bn in the same period of 2023. Data from the Central Bank of Nigeria revealed this growth, driven by the rising adoption of digital payment platforms as more … Read more