AfriGO: Nigeria’s Pioneering Domestic Card Surpasses N70 Billion in Transactions
Nigeria’s financial landscape is witnessing a significant transformation with the burgeoning adoption of AfriGO, the nation’s first domestic card. In a testament to its growing prominence, AfriGO has successfully processed over N70 billion in transactions throughout 2025. This remarkable achievement signals a growing reliance on the card for everyday payments across Nigeria, demonstrating its increasing integration into the economic fabric of the nation.
Instant Payments Fueling Merchant Growth
The driving force behind AfriGO’s success lies in its unique value proposition. Premier Oiwoh, the Managing Director and CEO of Nigeria Inter-Bank Settlement System Plc (NIBSS), highlighted that AfriGO stands out as the only card of its kind globally, offering merchants instant payment settlements for every transaction made on a point-of-sale (POS) terminal. This feature is a major advantage, setting it apart from many competing cards and contributing significantly to its adoption. The card, a collaborative effort between the Central Bank of Nigeria (CBN) and NIBSS, launched in 2023 with the aim of streamlining and accelerating payment processes for both consumers and businesses. AfriGO’s focus on instant settlements has become a key factor in attracting merchants and encouraging wider usage across the country, contributing to the impressive N70 billion transaction volume achieved in 2025.
In conclusion, AfriGO’s remarkable performance underscores its crucial role in the evolution of Nigeria’s financial ecosystem. The card’s innovative instant payment feature has quickly become a valuable asset for merchants and consumers alike, as evidenced by the strong transaction figures for 2025. As AfriGO continues to grow, it holds immense promise for reshaping how Nigerians conduct their financial transactions.
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