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Recent updates about NIBSS you may want to catch up with; News stories, Media mentions, Reports, views and chronicles of our activities
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Mobile Money Transactions Volume Rose by 70% in Feb
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.
Alternative Payment Options to Cash in Nigeria
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.
NIBSS Joins Stakeholders to Discuss Financial Inclusion at IFIC’22
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.
Domestic Card Scheme to Become Effective January – CBN
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.
NIBSS: Mobile Transfers by Bank Customers Hit N12.8 Trillion in 9 Months
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.
Nigeria’s Mobile Transfers Surge 151% in One Year
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.
E-payment Transactions in Nigeria Hit Monthly All-Time High of N33.2 Trillion in August 2022
Data released by the Nigeria Inter-Bank Settlement Systems (NIBSS) has revealed that transactions worth N33.2 trillion were performed electronically in August through the NIBSS Instant Payment platform (NIP).
FG to Generate N484bn From e-Payment Channels
The Federal Government is set to make a total of N483.73bn in three years from electronic payment boom by way of the Electronic Money Transfer Levy. This projection was made by the Budget Office of the Federation
Nigeria’s Real-Time Payment Transactions Surge 95% in 2021 …ranks 6th in world’s most developed real-time payments markets
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
Financial Inclusion Rising, Sustain The Tempo
Financial inclusion is gathering momentum in Nigeria and there is no better time than now to sustain the bounce. Accustomed to negative indices, a ray of hope shone forth upon the release of a new World Bank report classifying
Mobile Transactions Hit N4.86tn in Four Months – NIBSS
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 to N4.86tn in the corresponding period of 2022, according to data from the Nigeria
E-payment: Nigerians’ Spending on Utility Bills Soars by 387%
The amount Nigerians spent on electronic bills such as power and other utilities grew by 387.19 per cent from N189.50bn in the first four months of 2019 to N923.24bn in the corresponding period of 2022