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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

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The latest industry news, interviews, technologies, and resources.

NIBSS Position paper on Open Banking – December 2018

NIBSS Position paper on Open Banking – December 2018

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

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