FG lists 5 digital banks Nigerians can use to access N50,000 monthly cash support

- ✦The platforms provide USSD codes and mobile application options for beneficiaries to access their wallets and withdraw or spend the money.
- The Federal Government has listed five digital banks and mobile money platforms through which selected Nigerians can receive its N50,000 cash support under the National Emergency Relief and Stabilisation Intervention (NERSI).
- According to information published on the NERSI website, beneficiaries can access their funds through ALAT by Wema Bank, MoMo PSB, NairaGram, OPay and Moniepoint.
- The platforms provide USSD codes and mobile application options for beneficiaries to access their wallets and withdraw or spend the money.
The Federal Government has listed five digital banks and mobile money platforms through which selected Nigerians can receive its N50,000 cash support under the National Emergency Relief and Stabilisation Intervention (NERSI).
Frequently Asked Questions About This Story
What is the key takeaway from this report?
The Federal Government has listed five digital banks and mobile money platforms through which selected Nigerians can receive its N50,000 cash support under the National Emergency Relief and Stabilisation Intervention (NERSI).
What additional context is highlighted in this report?
According to information published on the NERSI website, beneficiaries can access their funds through ALAT by Wema Bank, MoMo PSB, NairaGram, OPay and Moniepoint.
What are the broader implications of this development?
The platforms provide USSD codes and mobile application options for beneficiaries to access their wallets and withdraw or spend the money.