The numbers are hard to ignore. Monnify processed N25 trillion in transactions in 2025, and that single figure is reshaping conversations about who really controls Nigeria's digital payment infrastructure.
The surge puts Monnify squarely in the middle of a growing competition among payment processors, fintechs, and financial institutions all pushing for a larger share of Nigeria's booming digital economy. The stakes are high, and the players are paying attention.
What happens next in this space will have real consequences for businesses, developers, and everyday Nigerians who rely on these rails to send and receive money. The battle for infrastructure is really a battle for influence, and N25 trillion is a very loud opening move.
Originally published by BusinessDay.