A RESEARCH BY
The State of P2P in Nigeria 2025
Data-driven insights from 100+ live trades, 20,000+ tweets, and far too many “hello boss” messages.
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Live P2P Trades Tested
We deployed 30+ real people across 5 major platforms to conduct 100s of transactions and observe what P2P actually looks like in the real world.
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P2P Tweets Analyzed
We scraped 31k+ tweets from 2022–2025, cleaned them to 20k, and analyzed sentiment, pain points, emotional patterns, and viral incidents.
Top Deductions From the Report
Straight Facts & Figures. No Eenie Meenie Miney Moe
69%
Of trades matched the amount users were supposed to receive. The remaining 31% were short-paid, sometimes by kobo, sometimes by hundreds.
54%
Of all payouts arrived in 3 minutes or less. More than half of all P2P trades were extremely fast when the vendor was responsive.
Of trades took more than 10 minutes, and these were responsible for most complaints.
“If you survive P2P in Nigeria, your place in heaven is secure.”
- A real tweet from the 20,000 we analyzed.
15%
Most P2P stress comes from one thing: not knowing what will happen next.
≥1 Min
The fastest payout in the entire research was 1 minute. The slowest was 86 minutes.
P2P is functional, but it is not designed for safety, consistency, or beginners.
17.5%
Of traders reported some form of fraud attempt or suspicious behaviour.
Some of the smoothest transactions came from traders with 100% ratings. The roughest ones came from everyone else.
6.25%
Only 6.25% of all trades experienced a dispute, but when disputes happen, resolution is slow and unclear.
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100+ Live Trades
2K+ Tweets
30+ Real Traders
Download the Full Research Report
A 60+ page deep dive into Nigeria’s P2P ecosystem includes:
Live Trader Case Studies
Twitter Sentiment Breakdown
Visual Charts and Data Analysis
Fraud Patterns
Payout Discrepancies
Alternatives & Recommendations
Want the full story?
Download the complete research report to see every insight, case study, chart, and screenshots.