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Within a period of one year, the volume of financial transactions through mobile devices has more than doubled, a BusinessDay analysis from the Nigeria Interbank Settlement System (NIBSS) shows.
Directive to Disconnect Switches, Payment Solution Service Providers (PSSPs) and Super Agents from NIBSS Instant Payment (NIP) Outwards SystemMedia...
Nigeria is looking to real-time payments to help drive economic growth and financial inclusion as its volume of real-time transactions surged year-on-year by 94.7 percent to 3.7 billion in 2021
The Nigeria Inter-Bank Settlement System (NIBSS) Plc, has reaffirmed its commitment to supporting the nation’s educational system as one of its focus for Corporate Social Responsibility (CSR) Initiative.
This gives an indication of how important an efficient national payments system is to the development and continuous growth of the national economy
SANEF is is a project powered by the Central Bank of Nigeria, Deposit Money Banks, Nigeria Inter-Bank Settlement Systems, Chartered Institute of Bankers of Nigeria, licensed Mobile Money Operators and Shared Agents with the primary objective of accelerating financial inclusion in Nigeria
The United Nations Development Programme (UNDP) measures human development across countries in three basic dimensions: a long and healthy life, access to knowledge and a decent standard of living
NIBSS Instant Payments (NIP) is an account-number based, online-real-time Inter-Bank payment solution developed in the year 2011 by NIBSS
Catch Gbekeloluwa Nubi, the leading driver of Agency Banking in NIBSS with over 18 years of experience in the Nigerian Financial Industry representing NIBSS at The Digital Pay Expo 2019.
To commemorate with CBN on the 2019 Global Money Week, NIBSS in collaboration with BestMan Games Initiatives setup ELECTRONIC PAYMENT FINANCIAL LITERACY CLUBS in five public schools within Lagos State.
Open Banking involves the use of open APIs (Application Programming Interface) which were earlier on seen as propriety, intellectual properties of financial institutions (Deposit Money Banks), to power digital financial transactions processed by other banks and licensed non-bank financial services providers