Economic downturn forces Nigerians to abandon 5.7m bank accounts
Data from the Nigerian Interbank Settlement System (NIBSS) Electronic-payment Fact Sheet for 2021 has indicated that Nigerians abandoned 5.7 million bank accounts in 2021 as the number of inactive bank accounts rose 11 per cent to 57.9 million during the year from 52.2 million in 2020.