Electronic Money Transfer Revenue Drops 17.6% to N49.54bn in Q1 2024
The revenue accruing to the Federation Accounts Allocation Committee (FAAC) via the Electronic Money Transfer Levy (EMTL) dropped by 17.6 percent from N57.69 billion in Q1 2023 to N49.54 billion in Q3 2024. This is based on data from the National Bureau of Statistics (NBS). A study of the NBS quarterly reports showed that a total of […]
Electronic Money Transfer Revenue Drops 17.6% to N49.54bn in Q1 2024 Read More »









