• Digital payments driving Nigeria’s $11bn food service industry

    Digital payments driving Nigeria’s $11bn food service industry
    By Juliet UmehA new study has revealed that digital payment infrastructure is transforming Nigeria’s food service industry, helping businesses overcome longstanding operational challenges and driving the sector to an estimated $11.09 billion market in 2025.The report, released by a digital bank, Moniepoint, projected that the industry would grow to $19.31 billion by 2030, representing an annual growth rate of 11.73 percent, driven by the expansion of food delivery platforms, cloud ki