Opay

Company · NI · 2 documents

Key number

0.2912

Average Return on Assets (ROA). International Journal of Accounting Management and Economic Review p.14

Key number

54% to over 60%

Adult digital financial services adoption rate in Nigeria. Journal of Business Development and Management Research p.2

The Effect of Fintech Competition on the Profitability of Deposit Money Banks in Nigeria

Research paperInternational Journal of Accounting Management and Economic ReviewSeptember 202622 pages

During H1 2022, 10 Nigerian Deposit Money Banks expended N81.92 billion on ICT, representing a 58.7% rise from 2021 to construct digital channels and connect with fintechs.

Qualitative Inquiry into FinTech Operation in Nigeria: A User Perspective

Research paperJournal of Business Development and Management ResearchSeptember 202616 pages

The study conducted qualitative in-depth interviews with 26 FinTech users across Kano (14) and Abuja (12) to examine digital payment experiences.