Media Updates: Recent updates about NIBSS you may want to catch up with; News stories, Media mentions, Reports, views and chronicles of our activities
What is SANEF? SANEF (Shared Agent Network Expansion Facility) 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.
Why SANEF? The project seeks to deepen financial inclusion in Nigeria through an integrated ecosystem with strong regulatory oversight, consumer protection and interoperable systems with limited concentration risk. It will create a platform for Nigerian owned financial services companies to grow whilst empowering and creating jobs for Nigerians. So, wherever you see the SANEF identity, you can perform basic financial services such as; account opening, cash deposits and withdrawals, funds transfer as well as bills payment
Latest Media Posts
The latest industry news, interviews, technologies, and resources.
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