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Nigeria: Impact Assessment of Revisions to Limits on the Value of Mobile Money Transaction

JC&A has been hired by Coffey International to undertake an impact assessment – and in particular quantifying the economic benefit – of the policy change of the Central Bank of Nigeria increasing the the limits on the value transactions Nigerians could use through their mobile phones. This is a particularly important project given the high impact of the uptake of mobile technology is having on the finance, telecommunications and development sectors of developing countries and all their stakeholders. Aside from Kenya and Zambia, most developing countries have restrictive transaction limits on mobile money, thus limiting its suitability for business payments. This contract is part of the multi-year project “Growth and Employment in States – Wholesale and Retail Sector (GEMS4)” being implemented by Coffey International since 2012.

Nigeria, DfID under contract to Coffey International, 2016.