ATM transactions in Nigeria skyrocketed by 197.86% to N36.34 trillion in the first half of 2025, according to Central Bank of Nigeria data, as digital payment adoption continues to reshape the country’s financial landscape.
The volume of ATM transactions also surged by 72.9% to 858.8 million in H1’25 from 496.5 million in the same period last year. Cheque usage grew moderately, with values up 10.9% to N9.72 trillion and volumes rising 3.63% to 7.13 million.
Point of Sale (PoS) payments reached N147.19 trillion, climbing 71.3%, while transaction volume rose 20.5% to 7.7 billion. Mobile payments grew 33.98% in value to N213.58 trillion, with volume rising 26.6% to 4.42 billion transactions.
WebPay transactions surged 32% to N1.09 quadrillion, despite a 7.4% dip in volume. NEFT transactions also increased in value by 6.8% to N391.24 trillion but saw a 17.4% drop in volume.
Overall, total e-payment transactions across all channels hit N1.89 quadrillion in H1’25, up 29.5% year-on-year, with total volumes growing 7.9% to 23.81 billion. The figures highlight Nigeria’s rapid shift toward digital financial services.
