Trust Deficit Identified as Structural Risk in Nigeria's N1.07 Quadrillion Payment System

A UNDP-backed report frames Nigeria's primary digital payments challenge as a trust deficit rather than an infrastructure gap, a reframing with direct implications for builders across a system that processes N1.07 quadrillion annually. The finding adds to a growing body of evidence — including similar analysis from Zambia — that payments adoption in large African markets is constrained by consumer confidence rather than rails availability.