The Cashless consumer: How digital payments are changing way Nigerians spend

RBZ warns digital payments adoption lagging despite record growth

Source: RBZ warns digital payments adoption lagging despite record growth – herald Business Reporter Zimbabwe’s digital payments ecosystem recorded ZiG1.37 trillion in transaction value and 511, 1 million transactions in the first half of 2026, but the Reserve Bank has warned that adoption is failing to keep pace across all segments of the economy. Addressing the Zimswitch Payments Conference taking place in Victoria Falls, Dr Josephat Mutepfa, …

The Cashless consumer: How digital payments are changing way Nigerians spend

By Arthur Eriye   The spending habits of Nigerians are experiencing one of the most significant changes in the nation’s financial history. Digital payments have become a crucial component of everyday commerce, gradually replacing cash and altering consumer behavior, from roadside food vendors and local supermarkets to transport operators and open-market traders. What initially started as a policy initiative by the Central Bank of Nigeria (CBN) a…