Remita Processes Over ₦100 Trillion in Nigeria’s Digital Economy

Remita processed over ₦100 trillion in transactions during 2025, solidifying its position within Nigeria’s payments ecosystem and contributing to the country’s digital economy. The platform, licensed by the Central Bank of Nigeria, operates as a Switch, Payment System Service Provider, Payment Terminal Service Provider, and Super-Agent, facilitating a wide range of financial activities.

Payment Processing and Scope

Remita enables millions of daily transactions across both public and private sectors. It supports various financial activities, including salary payments, loan repayments, school fees, pensions, electricity bills, and government revenue collection. Industry observers often describe Remita as the underlying infrastructure for Nigeria’s payment system.

Transaction Volume and International Reach

The volume of transactions processed in 2025 was consistent throughout the year, driven by activity in transaction switching, corporate and public-sector payments, and consumer financial flows. Remita facilitated access to over 15,000 products and services across 180 countries, extending its reach beyond Nigeria.

Government Revenue and Public Services

The platform played a key role in revenue collection and disbursements for federal, state, and local governments, ensuring timely salary payments and the continuity of public services. This reliability is increasingly viewed as essential for maintaining public trust in digital governance systems.

Daily Transactions Across Nigeria

Remita supports a diverse range of transactions nationwide, including civil servants receiving salaries, contractors getting paid, students settling fees, residents paying utility bills, and motorists paying fines.

Pan-African Payment System Integration

In 2025, Remita integrated with the Pan-African Payment and Settlement System (PAPSS). This move aims to simplify cross-border payments within Africa and reduce reliance on third-party currencies.

Artificial Intelligence and Financial Inclusion

Remita released a fintech AI report, positioning Nigeria within global discussions on the use of AI in financial services. The company also focused on financial inclusion through partnerships with agent networks like Moniepoint, NIPOST, and Paga, expanding access to financial services in underbanked communities.

Future Developments

Remita is preparing for the public launch of a next-generation mobile app in the first quarter of 2026, following a public beta in late 2025. The app will offer features such as multi-bank account management, esusu groups, recurring payments, international transactions in local currency, and discounted airline tickets.

Future Role in Economic Integration

Industry analysts suggest that platforms like Remita will play an increasingly critical role in shaping the financial future of Nigeria and Africa as the region moves towards deeper economic integration.