OPay, Palmpay, and others processed N46.6 trillion transactions in 2023 – NIBSS
NIBSS has revealed that licensed mobile money operators including Opay, Palmpay, and 15 others processed transactions valued at N46.6 trillion ...
Tag: NIBSS
E-payment transactions in Nigeria hit N600 trillion in 2023-NIBSS
Electronic payment transactions in Nigeria rose to N600 trillion in 2023, hitting an all-time high as more Nigerians embrace cashless ...
BVN registration hits 60.2 million as CBN deadline nears
Registration for the Bank Verification Number (BVN) increased to 60.2 million as of January 10, 2024.
Non-deposit financial institutions to be taken down from fund transfer channels – NIBSS
According to a circular from the Nigeria Interbank Settlement System Plc (NIBSS), banks in Nigeria have been directed to take ...
Profile of Aminu Maida, the new boss at NCC
President Bola Tinubu on Wednesday made some new appointments in an industry-wide shakeup that saw the exits of three executives ...
BVN database hits 58.7 million as registrations slow down
The number of bank account owners in Nigeria with Bank Verification Number (BVN) increased to 58.7 million as of September ...
Nigeria could replicate India Stack with NIBSS, NIN—Gbenga Agboola
Olugbenga Agboola has said that Nigeria could leverage the NIBSS platform and the NIN to build a replica of the ...
Nigerians push for a new NIPOST that will operate like NIBSS
Some Nigerians have pushed forward ideas that will transform the Nigeria Postal Service (NIPOST) into an entity that operates in ...
Nigeria banks lost N9.5 billion to e-fraud so far in 2023
The Nigeria Inter-Bank Settlement System (NIBSS) has stated that banks in the country have lost about N9.5 billion so far ...
MoMo PSB’s active wallets hit 3.2 million in Q1 2023
MTN’s MoMo PSB recorded a 1.2 million increase in its active wallet users in Q1, bringing its total active wallets ...
