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 ...

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

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

The latest data released by the Nigeria Inter-Bank Settlement Systems (NIBSS) has revealed that licensed mobile money operators including Palmpay, ...

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 ...

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.

Electronic payment transactions hit a new high of 59 per cent at N284.4 trillion in the year 2024, dominated by the NIBSS ...