NIBSS

The Bank Verification Number (BVN), which was launched in 2014 has been adjudged to be successful by analysts in the banking and finance sector. BVN according to Nigeria Inter-Bank…

The Central Bank of Nigeria (CBN) has announced the launch of a National Domestic Card Scheme currently undergoing implementation and will be effective January 16, 2023. This was…

Within a period of nine months (January-September), the volume of Point of Sales (PoS) transactions in Nigeria has increased by 24.3 percent, an indication that more Nigerians are going…

Data released by the Nigeria Inter-Bank Settlement Systems (NIBSS) has shown that transactions worth N32.8 trillion were performed electronically in September through the NIBSS Instant…

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)…