How tithes and offerings became an ₦8 trillion use case on Moniepoint
- Moniepoint processed ₦412 trillion in transactions in 2025.
- Approximately 3% of all transfers were for church donations, equating to ₦8.1 trillion.
- Church donations through Moniepoint surpass total annual spends on essential categories like bakeries and fuel.
The rise of Moniepoint and its significant role in processing church donations illustrates a transformative shift in how financial transactions are conducted in Nigeria. This trend not only highlights the potential of fintech to streamline traditional practices but also raises questions about the implications for tax policies and the broader economy. Further discussion is warranted on how such financial flows can be regulated and the potential benefits or drawbacks for the economy.
