Digital payment fraud dropped in 2025 — NIBSS
The Nigeria Inter-Bank Settlement System (NIBSS) has reported a 51 per cent drop in digital payment fraud, with losses falling to…
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NIBSS
Nigeria’s e-transactions hit N1.07 quadrillion – NIBSS
Nigeria’s electronic payment transactions reached a record-breaking N1.07 quadrillion in 2024, according to recent data released…
Amid CBN directive, BVN count now 60.492m–NIBSS
The Nigeria Inter-Bank Settlement (NIBSS) has disclosed that the number of bank customers with registered Bank Verification Number…
What we know about FG’s directive on disconnection of non-financial…
The Nigeria Inter-Bank Settlement System plc (NIBSS) has directed banks to disconnect all non-deposit financial institutions from…
Mobile transfers increase by 125% in January – Report
In January 2023, registered mobile users in Nigeria made a transaction valued at N2.37 trillion, according to statistics just made…
CBN, NIBSS launch ‘AfriGo’, Nigeria’s first National Domestic Card Scheme
The Central Bank of Nigeria (CBN) says it has collaborated with the Nigerian Inter-Bank Settlement Systems…
FirstBank partners NIBSS to drive digital payment convenience with NQR
First Bank of Nigeria Limited has announced its partnership with Nigeria Inter-Bank Settlement System plc (NIBSS) on its recently…
36.8m bank accounts linked to BVN – NIBSS
Records from he Nigerian Interbank Settlement Scheme (NIBSs) have shown that about 36.8 million bank accounts have been linked to…
Nigerian banks lose N12.30bn to fraudsters in four years – NIBSS
The Nigerian Inter-Bank Settlement System (NIBSS), on Thursday, said the banking industry lost the sum of N12.30 billion to…
Bank customers reduce by two million in 2017 – NIBSS
Recent statistics released by the the Nigeria Inter-Bank Settlement System (NIBSS) showed that despite concerted efforts by the…