The value of electronic payment (e-Payment) transactions in Nigeria fell month-on-month, MoM, by 10 per cent to N19.9 trillion in January 2021, from N22 trillion in December 2020.
Similarly, the volume of transaction declined by 20 per cent to 696.2 million in January 2021, from 867.4 million in December 2021.
Vanguard analysis of Nigeria Inter-Bank Settlement System (NIBSS) Plc. e-Payment channels data show that all electronic channels recorded decline in their volume and value of transactions during the period, except Electronic BillsPay channels that recorded a 10 per cent rise in volume.
Analysis of NIBSS data shows that the volume of Point of Sale (PoS) transactions fell by nine percent to 70.9 million in January from 77.9 million in December last year while its value dropped by 15 percent to N489.24 billion from N574.37 billion in December.
The volume of transactions made through NIBBS Instant Payment (NIP) also fell by 13 percent to 228.76 million in January from 264.22 million in December while its value declined by nine percent to N18.5 trillion in January from N20.3 trillion in December.
Similarly, the volume of Mobile Inter scheme transactions dropped by 12 percent to 14.9 million in January from 16.9 million in December while its value fell by 18 percent to N390.5 billion from N459.76 billion.
The volume of cheque transactions fell by 28 percent to 362.12 million in January from 504.72 million in December while its value dropped by 24 percent to N248.2 billion from N325.3 billion in December.
The volume of transactions made through Automated Direct Debit (ADD) also fell by 50 percent to 1.2 million in January from 2.4 million in December while its value declined by 28 percent to N90.12 billion in January from N125.9 billion in December.
Further analysis shows that the volume of CentralPay transactions fell by 15 percent to 29,000 in January from 34,000 in December while its value dropped by 26 percent to N201.7 million from N272.06 million in December.
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Thank you for reaching out to us. We are happy to receive your opinion and request. If you need advert or sponsored post, We’re excited you’re considering advertising or sponsoring a post on our blog. Your support is what keeps us going. With the current trend, it’s very obvious content marketing is the way to go. Banner advertising and trying to get customers through Google Adwords may get you customers but it has been proven beyond doubt that Content Marketing has more lasting benefits.
We offer majorly two types of advertising:
1. Sponsored Posts: If you are really interested in publishing a sponsored post or a press release, video content, advertorial or any other kind of sponsored post, then you are at the right place.
WHAT KIND OF SPONSORED POSTS DO WE ACCEPT?
Generally, a sponsored post can be any of the following:
Press release
Advertorial
Video content
Article
Interview
This kind of post is usually written to promote you or your business. However, we do prefer posts that naturally flow with the site’s general content. This means we can also promote artists, songs, cosmetic products and things that you love of all products or services.
DURATION & BONUSES
Every sponsored article will remain live on the site as long as this website exists. The duration is indefinite! Again, we will share your post on our social media channels and our email subscribers too will get to read your article. You’re exposing your article to our: Twitter followers, Facebook fans and other social networks.
We will also try as much as possible to optimize your post for search engines as well.
Submission of Materials : Sponsored post should be well written in English language and all materials must be delivered via electronic medium. All sponsored posts must be delivered via electronic version, either on disk or e-mail on Microsoft Word unless otherwise noted.
PRICING
The price largely depends on if you’re writing the content or we’re to do that. But if your are writing the content, it is $60 per article.
2. Banner Advertising: We also offer banner advertising in various sizes and of course, our prices are flexible. you may choose to for the weekly rate or simply buy your desired number of impressions.
Technical Details And Pricing
Banner Size 300 X 250 pixels : Appears on the home page and below all pages on the site.
Banner Size 728 X 90 pixels: Appears on the top right Corner of the homepage and all pages on the site.
Large rectangle Banner Size (336x280) : Appears on the home page and below all pages on the site.
Small square (200x200) : Appears on the right side of the home page and all pages on the site.
Half page (300x600) : Appears on the right side of the home page and all pages on the site.
Portrait (300x1050) : Appears on the right side of the home page and all pages on the site.
Billboard (970x250) : Appears on the home page.
Submission of Materials : Banner ads can be in jpeg, jpg and gif format. All materials must be deliverd via electronic medium. All ads must be delivered via electronic version, either on disk or e-mail in the ordered pixel dimensions unless otherwise noted.
For advertising offers, send an email with your name,company, website, country and advert or sponsored post you want to appear on our website to advert @ alexa. ng
Normally, we should respond within 48 hours.