Report: Nigeria Tops List of Countries With Most Cash Dominant Economy in 2023 in the world

Report: Nigeria Tops List of Countries With Most Cash Dominant Economy in 2023 in the world …C0NTINUE READING HERE >>>

Data has shown that Nigeria, with 55% of financial and commercial transactions in cash, is the most cash-dominant in the world in 2023Additionally, Nigerians are shifting to electronic payment methods, which will decline cash use from 2023 to 2027Digital wallets however surpassed cash as the most popular payment method worldwide in 2023, making about 16% of all transactions

Henzodaily.ng journalist Zainab Iwayemi has over 3-year-experience covering the Economy, Technology, and Capital Market.

With 55% of financial and commercial transactions completed in cash in 2023, Nigeria is rated to…

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