Nigeria abandoned 10 million bank accounts in the first half of 2019 (H1’19) prompting the number of inactive bank accounts to rise sharply by 26 percent, year...
Tag - NIBSS
OLU OJO PHILLIPS The Central Bank of Nigeria [CBN] in collaboration with the Nigeria Inter-Bank Settlement System [NIBSS] will support the creation of the...
In a record high, the value of transactions via the Nigeria Interbank Settlement System Instant payment system rose to N41.48tn in five months of this year as...
As the value of point of sales [PoS] transaction continues to increase, the number of dormant [PoS] is decreasing. Figures released by Nigeria Inter-Bank...
A total of 557,083,712 electronic-payment transactions valued at N34.02 trillion were recorded in selected banks across the country in the first quarter, 2019...
By OLU OJO PHILLIPS The new Chief Executive Officer (CEO) of the Nigeria Inter-Bank Settlement System Plc (NIBSS), Premier Oiwoh is not new to the Fintech...
Stakeholders in the financial technology (fintech) space and the Central Bank of Nigeria (CBN), have called for increased adoption of agency banking in the...
Lagos Fintech Week, an event that promised and delivered invigorating Fintech discussions, stimulating demos and insightful debates have come and gone but its...
A report from Nigerian Interbank Settlement System (NIBSS) has indicated that the country recorded recorded 117,131 transactions on Point of Sales terminals...
The Federal Government yesterday said Remita, a SystemSpecs Limited’s financial solutions provider, was selected as gateway technology for the Treasury Single...
