The Nigerian Interbank Settlement System (NIBSS) is reinforcing its commitment to a cashless economy with a series of ...

The Nigeria Inter-Bank Settlement System (NIBSS) has unveiled significant upgrades to its Nigeria Quick Response (NQR) payment system, designed to ...

This is according to data obtained from the Nigeria Inter-Bank Settlement System (NIBSS). Fueled by a protracted scarcity of ...

Nigeria Inter-Bank Settlement System (NIBSS) says the total value of instant payments in 2024 increased to N1.07 quadrillion ...

Nigeria’s electronic payment transactions hit a historic high of N1.07 quadrillion in 2024. This feast was revealed in recent ...

The value of transactions over Point of Sales (PoS) terminals in Nigeria surged to N18 trillion in 2024, hitting an ...

Point of Sales (PoS) terminals have become much more critical to financial services than automated teller machines (ATMs), ...

The National Identity Management Commission (NIMC), the Nigeria Interbank Settlement Systems (NIBSS), AfriGO and other ...

NIMC, NIBSS, and AfriGO are set to launch digital cards with multiple wallets to enhance financial inclusion and Nigeria’s ...

PoS transactions in Nigeria skyrocketed to N18 trillion in 2024, driven by cash shortages and fintech expansion.

The value of instant electronic transactions consummated by financial institutions in Nigeria in 2024 hit an all time high of ...

Electronic payment transactions in Nigeria rose to $702.6 billion (N1.07 quadrillion) in 12 months ended December 31, 2024, report from the Nigeria Interbank Settlement System (NIBSS) has shown.