Cash redesign policy may batter first quarter 2023 results of companies despite return of old notes -Operators
Some market operators have said that companies might see declines in their first quarter 2023 earnings due to CBN's naira ...
Tag: Nigeria Inter-Bank Settlement System NIBSS
Supreme Court’s decision on naira redesign policy is commonsensical – Economists
This is how experts are reacting to today's ruling by the Supreme Court of Nigeria extending use of old naira ...
Bank customers transfer N19.4 trillion over mobile in 2022
Data released by the NIBSS shows that bank customers in Nigeria transferred a total of N19.4 trillion over mobile in ...
How the Nigerian Payment Industry Fared in 2022
Although the Nigerian fintech sector grew in 2022, there is more to be done as there are still gaps to ...
Experts alert Nigerian businesses as cybersecurity threats increase
The experts warned that cyber-attacks against businesses are no longer a matter of ‘if’ but that of ‘when’
NIBSS: E-payment transactions in Nigeria hit N32.8 trillion in September 2022
According to NIBSS, the value of the e-payment recorded was a reflection of the increase in the volume of deals ...
NIBSS reveals new TAT for reversals, transfers, and transaction timeouts
The Nigeria Inter-Bank Settlement System (NIBSS), says banks are working towards attaining shorter time for electronic payment (e-payment) transactions.
NIBSS informs clients of Diamond Bank’s new name
Diamond Bank Plc’s change of name takes effect today, April 1st, 2019.
NIBSS Projects a record 570m P.O.S transactions in 2019
The Nigeria Inter-Bank Settlement System, is working towards doubling the record 285 million point-of-sale (P.O.S) transactions that was recorded last ...
Inactive bank accounts increased by 28% in 2018
Statistics from the Nigeria Interbank Settlement System, NIBSS, showed that Nigerians abandoned 10 million bank accounts in 2018 as a ...
