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

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

NIGERIA’S electronic payment transactions soared to N1.07 quadrillion in 2024, marking an all-time high and the first time the country’s e-payment system crossed the quadrillion threshold. This ...

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.

The Nigeria Inter-Bank Settlement System (NIBSS) says enrolments for the bank verification number (BVN) increased to 64.83 ...

The latest data released by the Nigeria Inter-Bank Settlement System (NIBSS), has revealed that the number of active bank ...

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

In essence, about 102,337,506 new accounts had been activated within the period. Previous NIBSS data showed that active bank accounts in the country stood at 202.6 million at the end of 2023.

Nigeria’s electronic payment transactions hit a historic high of N1.07 quadrillion in 2024. This feast was revealed in recent data released by the Nigeria Inter-Bank Settlement System.