Tag
NIBSS
The NIBSS has revealed that bank customers in Nigeria transferred a total of N9.2 trillion over mobile devices between January and July this year.
According to NIBSS, the value of e-payment recorded was a reflection of the increase in the volume of deals within the period.
This revision would take effect on the operations of the NIBSS Instant Payments System and other Electronic Payment Options with Similar Features in Nigeria.
Enrolments for the Biometric Verification Number (BVN) by bank account owners in the country rose to 54.7 million as of May 29, 2022.
The NIBSS has said that transactions worth N114.8 trillion were performed electronically in Nigeria between January and April this year.
The latest data from the NIBSS showed that the strong growth recorded across the various e-payment channels in 2021 continued into 2022.
Consumers don’t need to look for an international bank, as PAPSS will work in Africa, the same way NIBSS works in Nigeria.
It has become a norm to hear murmurs regarding how traditional financial institutions, most particularly the commercial banks,...
Data from the Nigeria Inter-Bank Settlement System Plc (NIBSS) shows that the total BVN count as at January...
Recent data from the Nigeria Inter-Bank Settlement System (NIBSS) showed solid growth across the various e-payments channels for...
First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services organisation has announced its partnership with...
Cybersecurity threats to organizations heightened in the Covid-19 era due to the unprecedented rise in digitization across all...