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ATM usage drops to 40% over naira scarcity – KPMG

January 9, 2024

The scarcity of cash in circulation has made the weekly usage of Automated Teller Machines to drop from 70 per cent to 40 per cent, according to a report by KPMG. The report, titled, “In Pursuit Value”, stated that the figures were obtained from surveyed customers of Nigerian and Ghanaian banks who narrated their experiences

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