In December 2020, the value of USSD transfer payments in Nigeria amounted to over 550 billion Naira. Between January and December 2020, the value of USSD transfers increased, going from roughly 30 billion Naira to 551 billion Naira. USSD stands for unstructured supplementary service data. This payment method allows users to transfer money to third parties by using USSD codes. This service is similar to online banking but it does not need internet access.
Value of unstructured supplementary service data (USSD) transfers in Nigeria from January to December 2020
(in billion Naira)
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NBS (Nigeria). (April 25, 2021). Value of unstructured supplementary service data (USSD) transfers in Nigeria from January to December 2020 (in billion Naira) [Graph]. In Statista. Retrieved July 03, 2022, from https://www.statista.com/statistics/1175329/monthly-value-of-ussd-transfer-payments-in-nigeria/
NBS (Nigeria). "Value of unstructured supplementary service data (USSD) transfers in Nigeria from January to December 2020 (in billion Naira)." Chart. April 25, 2021. Statista. Accessed July 03, 2022. https://www.statista.com/statistics/1175329/monthly-value-of-ussd-transfer-payments-in-nigeria/
NBS (Nigeria). (2021). Value of unstructured supplementary service data (USSD) transfers in Nigeria from January to December 2020 (in billion Naira). Statista. Statista Inc.. Accessed: July 03, 2022. https://www.statista.com/statistics/1175329/monthly-value-of-ussd-transfer-payments-in-nigeria/
NBS (Nigeria). "Value of Unstructured Supplementary Service Data (Ussd) Transfers in Nigeria from January to December 2020 (in Billion Naira)." Statista, Statista Inc., 25 Apr 2021, https://www.statista.com/statistics/1175329/monthly-value-of-ussd-transfer-payments-in-nigeria/
NBS (Nigeria), Value of unstructured supplementary service data (USSD) transfers in Nigeria from January to December 2020 (in billion Naira) Statista, https://www.statista.com/statistics/1175329/monthly-value-of-ussd-transfer-payments-in-nigeria/ (last visited July 03, 2022)
