Lagos, Nigeria May 20th, 2024– Zone, Africa’s fast-growing payment infrastructure company, is proud to announce the release of the highly anticipated Nigerian Payment Report 2024. Developed in collaboration with TechCabal Insights, the report provides comprehensive insights into the evolving landscape of digital payments in the country.
The Nigerian Payment Report 2024 offers an in-depth analysis and key findings on consumer behaviour, emerging trends, and industry innovations within the Nigerian payment ecosystem. The report serves as a valuable resource for stakeholders seeking to navigate the dynamic Nigerian Payment Market.
Some key highlights of the report include:
- The structure and key players within Nigeria’s payment industry.
- Key payment trends and metrics.
- Examination of the regulatory landscape and its impact on payment providers.
- Insights into consumer preferences and adoption rates across various payment channels.
According to Olanrewaju Odunowo, Team Lead of Tech Cabal Insights, “The Nigeria Payment Report 2024 sheds light on the transformative impact of digital payments in Nigeria. From the rise of mobile money to the adoption of contactless payments, this report offers invaluable insights into the evolving preferences and behaviour of Nigerian consumers.
Olayiwola Osoba, VP of Marketing and Corporate Communications at Zone commented, “At Zone, we are committed to driving innovation and fostering thoughtful discourse within the payments industry.By combining Zone’s extensive knowledge and experience in the Nigerian payment ecosystem with TechCabal’s deep research capabilities and industry expertise, we have created a powerful resource that not only highlights emerging trends and consumer behaviour but also delves into the regulatory environment, technological advancements, and success stories of industry pioneers.
In support of the report’s launch, Obi Emetarom, CEO & Co-Founder of Zone, stated, “We are thrilled to collaborate with TechCabal on the Nigeria Payment Report 2024. We recognise the importance of data-driven insights in shaping the future of payments in Nigeria. This report reaffirms our commitment to driving positive change and advancing Nigeria’s payment industry.’’
The Nigeria Payment Report 2024 is now available for download here.
For media inquiries, please contact: Oluwatobi Alaka, Corporate Communications Manager, Zone (oalaka@zonenetwork.com)
About Zone
Zone is a regulated blockchain network that enables payments and acceptance of digital currencies. Its Layer-1 Blockchain network digitises Fiat payments and enables the transition to digital currencies while connecting previously excluded financial institutions into an all-inclusive payment ecosystem. Zone is Africa’s first decentralised payment network, allows participating institutions to connect directly with each other and perform payment transactions without an intermediary while completely automating settlement, reconciliation, and dispute management. The Company is working with the brightest minds on the continent to lay the foundation for the decentralised future of financial services. Its mission is to connect every monetary store of value by harnessing the power of blockchain.
About TechCabal Insights
TechCabal Insights is Africa’s leading digital economy consultancy that provides data, research, and insights to guide relevant stakeholders. They help DFIs, NGOs, State governments, global tech brands, and African startups to understand and solve critical digital economy challenges.
