Tag
NIBSS
The National Identity Management Commission (NIMC) has explained that Nigerians will have to pay for the new multipurpose national Identity card to ensure that it is produced for only those who need it.
The Nigerian Inter-Bank Settlement System (NIBSS) will by December of this year launch a non-resident BVN platform to enable Nigerians in diaspora operate their local bank accounts, run their businesses and sort out KYC issues with financial institutions from anywhere in the world.
The Founder and Chief Executive Officer of Lendsqr, Adedeji Olowe, has said that Nigerian banks and fintechs are ready to provide easy access to loans at lower interests once open banking comes on stream.
The number of Point of Sales (PoS) machines deployed by merchants and individuals across Nigeria rose to 3.04 million in July this year.
Data released by the Nigeria Inter-Bank Settlement Systems (NIBSS) has revealed that licensed mobile money operators including Palmpay, OPay, and 15 others processed transactions valued at N41.5 trillion between January and July this year.
Enrollments for the Bank Verification Number (BVN) by bank account owners in the country has increased to 63.4 million this September.
The Nigeria Inter-Bank Settlement Systems (NIBSS) has revealed that Nigerians spent a total of N89.5 trillion over electronic channels in July 2024.
The Nigeria Inter-Bank Settlement System (NIBSS), has revealed that the number of active bank accounts in Nigeria rose to 231.1 million in July 2024.
The federal government has designated the Nigeria Inter-Bank Settlement System (NIBSS), the Bank Verification Number (BVN), and the National Identification Number (NIN) databases as critical national information infrastructure (CNII).
Enrollments for the Bank Verification Number (BVN) by bank account owners in the country increased to 62.7 million this July.
The Postmaster-General of the Federation, Ms Tola Odeyemi, has blamed poor road infrastructure for the Nigeria Postal Service’s (NIPOST) inability to meet some of its timelines for parcel delivery according to Nigeria.
Nigeria Inter-Bank Settlement System (NIBSS) has announced the appointment of a former Senior Vice President at Mastercard, Ebehijie Juliet Momoh, as Managing Director/CEO of AfriGOPay Financial Services Limited (AFSL), its subsidiary.