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Number of mobile money customers in Nigeria 2016-2019

Published by Simona Varrella, Oct 26, 2020
In 2019, there were 15.3 million mobile money customers in Nigeria. Compared to previous years, the number of users increased significantly. Mobile money allows a customer to receive, store, and spend money using a mobile phone. The service can be provided by banks, mobile money operators (MNOs), telecom companies, payment service providers, or similar. Sub-Saharan Africa has the largest number of mobile money users, the largest transaction volume as well as transaction value worldwide. Western Africa, in particular, registers the second largest share of mobile money accounts in the continent.

Number of mobile money customers in Nigeria from 2016 to 2019 (in millions)

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Source

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Release date

2020

Region

Nigeria

Survey time period

2016 to 2019

Supplementary notes

Figures were taken from several publications.
Data as of December of each year.

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