The Central Bank of Nigeria data shows total POS transactions in Nigeria for the month of October was about 6.3 million valued at about N71 billion. This is a remarkable improvement from total POS transactions of about 79,000 with a value of just a N100 billion in 2010.
The data is obtained from the CBN and updated monthly by Nairametrics.
Volume of POS Transactions
Volume POS Transactions
| Descriptor | Number of POS Transactions |
|---|---|
| 01-01-2010 | 79,450.00 |
| 01-02-2010 | 79,826.00 |
| 01-03-2010 | 94,208.00 |
| 01-04-2010 | 83,252.00 |
| 01-05-2010 | 77,582.00 |
| 01-06-2010 | 76,601.00 |
| 01-07-2010 | 88,047.00 |
| 01-08-2010 | 84,492.00 |
| 01-09-2010 | 84,098.00 |
| 01-10-2010 | 97,081.00 |
| 01-11-2010 | 99,193.00 |
| 01-12-2010 | 128,596.00 |
| 01-01-2011 | 131,069.00 |
| 01-02-2011 | 114,680.00 |
| 01-03-2011 | 137,792.00 |
| 01-04-2011 | 125,485.00 |
| 01-05-2011 | 141,123.00 |
| 01-06-2011 | 158,966.00 |
| 01-07-2011 | 184,388.00 |
| 01-08-2011 | 203,293.00 |
| 01-09-2011 | 202,965.00 |
| 01-10-2011 | 214,571.00 |
| 01-11-2011 | 223,726.00 |
| 01-12-2011 | 262,615.00 |
| 01-01-2012 | 1,956.00 |
| 01-02-2012 | 24,648.00 |
| 01-03-2012 | 92,016.00 |
| 01-04-2012 | 114,495.00 |
| 01-05-2012 | 178,524.00 |
| 01-06-2012 | 192,154.00 |
| 01-07-2012 | 236,155.00 |
| 01-08-2012 | 269,841.00 |
| 01-09-2012 | 261,862.00 |
| 01-10-2012 | 330,166.00 |
| 01-11-2012 | 375,091.00 |
| 01-12-2012 | 478,137.00 |
| 01-01-2013 | 456,490.00 |
| 01-02-2013 | 441,961.00 |
| 01-03-2013 | 536,554.00 |
| 01-04-2013 | 494,953.00 |
| 01-05-2013 | 603,786.00 |
| 01-06-2013 | 674,044.00 |
| 01-07-2013 | 749,879.00 |
| 01-08-2013 | 836,532.00 |
| 01-09-2013 | 923,502.00 |
| 01-10-2013 | 1,062,697.00 |
| 01-11-2013 | 1,155,703.00 |
| 01-12-2013 | 1,466,154.00 |
| 01-01-2014 | 1,349,561.00 |
| 01-02-2014 | 1,433,005.00 |
| 01-03-2014 | 1,576,671.00 |
| 01-04-2014 | 1,624,564.00 |
| 01-05-2014 | 1,362,120.00 |
| 01-06-2014 | 1,625,580.00 |
| 01-07-2014 | 1,758,646.00 |
| 01-08-2014 | 1,503,414.00 |
| 01-09-2014 | 1,867,266.00 |
| 01-10-2014 | 1,988,644.00 |
| 01-11-2014 | 2,091,087.00 |
| 01-12-2014 | 2,636,865.00 |
| 01-01-2015 | 2,267,257.00 |
| 01-02-2015 | 2,338,113.00 |
| 01-03-2015 | 2,605,160.00 |
| 01-04-2015 | 2,560,973.00 |
| 01-05-2015 | 2,655,153.00 |
| 01-06-2015 | 2,497,385.00 |
| 01-07-2015 | 2,682,200.00 |
| 01-08-2015 | 2,729,286.00 |
| 01-09-2015 | 3,013,482.00 |
| 01-10-2015 | 3,247,610.00 |
| 01-11-2015 | 3,177,593.00 |
| 01-12-2015 | 3,946,721.00 |
| 01-01-2016 | 3,599,828.00 |
| 01-02-2016 | 3,833,884.00 |
| 01-03-2016 | 4,311,844.00 |
| 01-04-2016 | 4,463,599.00 |
| 01-05-2016 | 4,554,184.00 |
| 01-06-2016 | 4,574,266.00 |
| 01-07-2016 | 5,071,228.00 |
| 01-08-2016 | 5,370,856.00 |
| 01-09-2016 | 5,586,031.00 |
| 01-10-2016 | 6,378,199.00 |
| 01-11-2016 | 0.00 |
| 01-12-2016 | 0.00 |
| Descriptor | Number of POS Transactions |
Value of POS Transactions
Value of POS transactions
Nairametrics is Nigeria’s top business news and financial analysis website. We focus on providing resources that help small businesses and retail investors make better investing decisions. Nairametrics is updated daily by a team of professionals. Post updated as “Nairametrics” are published by our Editorial Board.