Nigeria: Digital Payments Driving Nigeria's Nightlife - Moniepoint

Nigeria: Digital Payments Driving Nigeria's Nightlife - Moniepoint

The study analysed transactions from more than 27,000 bars, clubs and lounges on Moniepoint's payment network.

Digital payments driving Nigeria’s nightlife - Moniepoint

The study analysed transactions from more than 27,000 bars, clubs and lounges on Moniepoint's payment network. The post Digital payments driving Nigeria’s nightlife – Moniepoint appeared first on Premium Times Nigeria.

Cash Is Dying In Nigeria's Nightlife Where Moniepoint Processed Over USD 600 M

On a recent Sunday night at Amuludun Kitchen in Ipaja, a Lagos suburb, the plastic tables filled early. Olorunrinu, who owns the spot, watched her staff move between packed benches, delivering plates of pepper soup and cold bottles of water. She had spent years building this spot into one of the neighbourhood’s busiest nightlife venues, but what she noticed now had less to do with food and more with how people paid. “It’s rare to see cash,” she …

How Nigeria’s nightlife economy moved ₦900b in one year

When night falls in Lagos, Ibadan, Port Harcourt, Katsina, and hundreds of other towns, another economy wakes up. Plastic chairs appear on sidewalks. Grills are lit. Music drifts into the street. Screens are switched on for football. By 8 pm, money is already moving. In Nigeria’s community nightlife, this rhythm repeats every day. It happens far from velvet ropes and celebrity tables. It unfolds in beer parlours, roadside joints, suya spots, foo…

New Moniepoint case study sheds light on digital payment infrastructure powering community nightlife across Nigeria

Africa’s leading all-in-one financial ecosystem, Moniepoint Inc., has released a new case study titled: “The Business of Community Nightlife in Nigeria”, providing a rare, data-driven look into the country’s informal night economy. While high-end “Detty December” venues grab headlines with daily revenues of N360million and table prices reaching N1.2million, Moniepoint’s research shifts the spotlight to […]

Moniepoint Research Shows Diminishing Role of Cash in Nightlife Payments

By Modupe Gbadeyanka A new report released by Africa’s leading all-in-one financial ecosystem, Moniepoint Incorporated, has revealed that the use of cash for financial transactions is gradually dying due to security concerns. The study, which looked into transaction data of over 27,000 clubs, bars, and lounges, showed that bank transfers dominated, followed closely by card […]