The Nigeria Inter-Bank Settlement System has said that financial institutions lost about N17.67bn to fraud in 2023. This was disclosed …
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NIBSS
The Nigeria Inter-Bank Settlement System (NIBSS) has reported a staggering 219.6 million active bank accounts in Nigeria as …
- Business News
Mobile Money Operators Processed N46.6 Trillion in Transactions in 2023 – NIBSS
by Harry ChomsAccording to data released by the Nigeria Inter-Bank Settlement Systems (NIBSS), 17 licensed mobile money operators facilitated transactions …
In a recent development, banks have received a directive from the Nigeria Inter-Bank Settlement System (NIBSS) to remove …
The value of electronic utility payments fell by 44.86 per cent in February despite the Central Bank of …
Naira’s scarcity caused by the Central Bank of Nigeria’s redesign and cash withdrawal policy has pushed Point of …
- Economic News
NIBSS: Mobile transfers by bank customers hit N12.8 trillion in 9 months
by Harry ChomsAccording to the Nigeria Inter-Bank Settlement System (NIBSS), bank customers in Nigeria transferred a total of N12.8 trillion …