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

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 government said beneficiaries would receive an SMS from their designated payment provider with instructions once their wallets had been credited.

The...