The Nigeria Inter-Bank Settlement System (NIBSS) says instant payments increased to N89.50 trillion in July 2024. Instant payment is an account-based, real-time electronic funds transfer (EFT)...
By CSL Research Using data sourced from the Nigeria Inter-Bank Settlement System (NIBSS), cashless transactions, encompassing NIBSS Instant Payment and Point of Sale (POS) transactions, witnessed...
Banks have been asked to disconnect Switches, Payment Solution Service Providers, and Super Agents from the Nigeria Inter-Bank Settlement System Instant Payment (NIP) Outwards System. The...
By Rosemary Iwuala Access Bank has partnered with AfriGOpay, a financial services business affiliated with the Nigeria Inter-Bank Settlement System (NIBSS), to launch the first national...
In celebration of their contributions to the growth and development of the Nigerian Fintech industry, the organisers of the Nigerian Fintech Awards in Lagos singled out...
By Ahmed Ayanfe Nigerians’ use of mobile channels for payment transactions has risen by 3,454.46 per cent from N136.85bn within the first four months of 2019...
As Transaction soars 387% in 3 years Nigerians have spent a total of N923.24 billion on utility bills through electronic channels between January and April, 2022....
AppZone, Sub-Saharan Africa’s payment infrastructure company, announced that the Central Bank of Nigeria (CBN) has issued the organization an approval in principle to operate under the...
About N54.98 trillion was processed through Nigeria’s electronic channels in the first two months of 2022, according to data from the Nigeria Inter-Bank Settlement System (NIBSS)...
By CSL Stockbrokers Analysts Recent data from the Nigeria Inter-Bank Settlement System (NIBSS) showed solid growth across the various e-payments channels for the 11 months...
