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Nigerian churches drive rising cross-border payments across Africa, PAPSS says
Summary by The Lagos Editorial Desk Israel Ojoko , as published by Nairametrics
· September 5, 2026
· 1 min read
Photo: Nairametrics · view original
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Summary created by The Lagos Editorial Desk — automated, rule-governed Byline on source page Israel Ojoko, as published by Nairametrics Original story Read at the source Source published Sep 5, 2026 Indexed here Sep 5, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key points The information was shared by the Chief Executive Officer of PAPSS, providing insight into the growing importance of this sector in cross-border transactions. The Pan-African Payment and Settlement System's Chief Executive Officer, Mike Ogbalu, notes that churches in Nigeria are significantly contributing to cross-border transactions across Africa.
The Pan-African Payment and Settlement System's Chief Executive Officer, Mike Ogbalu, notes that churches in Nigeria are significantly contributing to cross-border transactions across Africa. This trend is reportedly on the rise.
Further details about the role of these churches in driving cross-border payments are available from the source. The information was shared by the Chief Executive Officer of PAPSS, providing insight into the growing importance of this sector in cross-border transactions.
The source provides more information on this development, highlighting the increasing significance of Nigerian churches in cross-border payments across the continent.
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Nairametrics reported and published this story. The Lagos selected it, summarised the key facts above, and links to the original. We did not report this story and we added no reporting of our own to it.
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Category: News Published: September 5, 2026 Source: Nairametrics Reading time: 1 min
Frequently asked about this story
What is this story about? The Pan-African Payment and Settlement System's Chief Executive Officer, Mike Ogbalu, notes that churches in Nigeria are significantly contributing to cross-border transactions across Africa. This…
When was this published? This article was first published on September 5, 2026 by Nairametrics and curated for The Lagos readers.
Who reported this story? This story was reported by Israel Ojoko at Nairametrics. To learn more about how The Lagos selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more News coverage from The Lagos, or browse our daily briefing and topic hubs .
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