Tag
NIBSS
The number of Point of Sales (PoS) machines deployed by merchants and individuals across Nigeria rose to 1.8 million in March this year.
The number of bank account owners in Nigeria with Bank Verification Number (BVN) increased to 57 million as of April 9, 2023.
The Nigeria Inter-Bank Settlement Systems (NIBSS) has revealed that Nigerians spent a total of N38.7 trillion over electronic channels in January 2023
The CBN and the Nigeria Inter-Bank Settlement Systems (NIBSS) have unveiled Nigeria’s first National payment card, AfriGo
Individual accounts represent 92% at 122.3 million while the remaining are corporate accounts
Nairametrics understands that this is the highest monthly transaction record on the platform
A total of 438.28 million transactions were recorded through mobile, higher than the 284.5 million transactions recorded in 2021
FITC attributed the high spate of digital risks in Nigeria to the digitization of banking services
The volume of mobile inter-scheme transactions also rose by 133% year on year from 188 million recorded between January and September last year
The Nigeria Inter-Bank Settlement System (NIBSS) has revealed that bank customers in Nigeria transferred a total of N1.8 trillion over mobile devices in August this year.
The NIBSS has revealed that transactions worth N33.2 trillion were performed electronically in August through the NIBSS Instant Payment platform (NIP).
The latest data from the NIBSS showed that the growth recorded across the various e-payment channels remained strong in the past seven months of 2022 (January-July).