Live Rates FX 19 Oct, 00:12 · Others 12 Oct, 19:29

USD/NGN ₦1,332 ▲ 0.08%

GBP/NGN ₦1,775

EUR/NGN ₦1,497 ▲ 0.07%

CAD/NGN ₦942 ▲ 0.11%

AED/NGN ₦363

BTC/USD $68,500

USDT P2P ₦1,648

PMS LOS ₦1,300–1,350/L

DIESEL ₦3,277/L ▲ 32%

NGX ASI 98,420

BRENT $83.20

USD/NGN ₦1,332 ▲ 0.08%

GBP/NGN ₦1,775

EUR/NGN ₦1,497 ▲ 0.07%

CAD/NGN ₦942 ▲ 0.11%

AED/NGN ₦363

BTC/USD $68,500

USDT P2P ₦1,648

PMS LOS ₦1,300–1,350/L

DIESEL ₦3,277/L ▲ 32%

NGX ASI 98,420

BRENT $83.20

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Finance

M-Pesa Explained for Nigerians 2026: Why Kenya’s Mobile Money Took Over

What is M-Pesa, how does it work, and why did Kenya's mobile money succeed where Nigeria built a…

Lana Emmanuel Jul 12, 2026 11 min read