NIBSS and Ceva Lobby Kenya for Fast Payment System Deal
Nigeria’s Interbank Settlement System (NIBSS) and Kenyan payments software provider Ceva Limited are pushing to secure a key role in ...
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Tag: NIBSS
Nigeria leads global drop in cash usage as digital payments rise
Nigeria has seen the sharpest decline in cash transactions over the past decade, surpassing six other cash-heavy economies, according to ...
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Nigerian Banks Lose N52.26 Billion to Fraud in 2024 – NIBSS
Financial institutions in Nigeria lost N52.26 billion to fraud in 2024. This is a big jump from N17.67 billion in ...
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NIBSS Enhances NQR Payment System for Faster, Secure Transactions in Nigeria
The Nigeria Inter-Bank Settlement System (NIBSS) has upgraded its Nigeria Quick Response (NQR) payment system. This is to improve digital ...
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Nigeria’s E-Payment Transactions Hit Record N1.07 Quadrillion in 2024
Electronic payment transactions in Nigeria reached a record high of N1.07 quadrillion in 2024. This is also the first time ...
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