30 results
- 24 Oct 2019
Interswitch Limited completes N23Bn Bond Placement
Following the registration of a N30 billion debt issuance programme with the Securities and Exchange Commission of Nigeria, Interswitch Limited, a leading technology-driven company focused on the…
- 7 Dec 2023
NIBSS Orders Banks to Suspend Opay, Flutterwave, Others from Transfer List
Nigeria Inter-Bank Settlement System (NIBSS) has asked banks to delist Payment Solution Service Providers (PSSPs) Switches and Super Agents from its outward payment or transfer list. Payment Solution…
- 21 Mar 2016
Interswitch Emerges Most Efficient Payment Processor in Nigeria
Interswitch Limited, Africa’s leading digital payments and commerce provider has emerged as a multiple award winner at the maiden edition of the Electronic Payment Incentive Scheme (EPIS) Awards…
- 18 Sept 2017
Africa & Global Payments Innovation Jury Meet in Nigeria at Interswitch Connect
The Africa Payments Innovation Jury revealed that‎ businesses on the Continent are attempting to bridge the gap between the banked and the underbanked population, driving payments innovation…
- 14 Jan 2015
SmartCity Innovation Hub Tipped to Create 50,000 Direct Jobs
SmartCity Innovation Hub project, apart from galvanizing economic diversification and moving Nigeria towards a knowledge-based economy, the promoters said the technology focused Innovation Hub…
- 22 Mar 2015
NGBA, AHK Nigeria Meet SmartCity Innovation Hub Promoters
‎In alignment with its core objective of strengthening business relationship between Nigeria and Germany, a delegation from the Nigerian-German Business Association (NGBA) and German Delegation…
- 27 Jun 2019
FirstBank Bags Multiple Awards at Interswitch Connect
FirstBank of Nigeria Limited has announced its winning of three awards at the Interswitch Connect Sales Dinner & Awards Night. The event which held recently in Lagos, saw FirstBank carted…
- 31 Jan 2020
Interswitch Lists N23bn Bond on Stock Exchange
The callable N23 billion worth of bond issued by leading technology-driven company with a focus on the digitisation of payments in Nigeria and other African countries, Interswitch Limited, has been…
- 20 Sept 2020
CBN Investigates 55 Companies over Forex Infractions
Amidst sustained pressures on Nigeria’s official foreign exchange resources, the Central Bank of Nigeria (CBN), has opened investigations into foreign exchange transactions of 55 companies and…
- 3 Nov 2019
Interswitch Acquires eClat
Interswitch Limited, a leading technology-driven company focused on the digitization of payments in Nigeria and other African countries, has announced the acquisition of eClat Healthcare Limited, a…
- 10 Jan 2017
Ingenico, Interswitch to Deliver Multichannel Payment Solutions to Nigerian Market
Ingenico Group, global leader in seamless payment, announced that a strategic partnership has been signed with Interswitch Nigeria Limited, the leading transaction switching and electronic payment…
- 5 Jan 2020
eClat Healthcare, Edo State to Drive Health Improvement Programme
Interswitch Limited, a leading technology-driven company focused on the digitisation of payments in Nigeria and other countries in Africa, has announced that eClat Healthcare Limited, an Interswitch…
- 5 Aug 2024
Police Arrest 16 Suspects, Recover N3.9Bn in Interswitch Fraud
Nigeria Police Force National Cyber Crime Centre has apprehended 16 suspects in connection with a financial fraud involving Interswitch Limited, a major African digital commerce platform, recovering…
- 5 Nov 2024
How Hackers Manipulated, Stole N622m from Interswitch within Minutes- Police
Justice Yellim Bogoro of the Federal High Court in Lagos has heard how Daniel Ikeoha and Sylvester Ebeta, two alleged hackers, manipulated Interswitch Nigeria Limited’s Payment Gateway switch and…
- 12 Mar 2026
Court Freezes Bank Accounts of Petrocam, Founder over Alleged N9Bn Zenith Bank Debt
Federal High Court sitting in Lagos has ordered the freezing of bank accounts belonging to Petrocam Trading Nigeria Limited and Patrick Ilo, its founder, over an alleged N9.05 billion debt. Patrick…
- 28 Dec 2012
FCMB Bags Card Issuance Award
First City Monument Bank Plc (FCMB) said it has been honoured as the ‘Best Bank in Pre-paid Card Issuance for 2012,” at the annual Verve Bank Awards organised by Interswitch Nigeria Limited in Lagos…
- 16 Feb 2009
ATM Fraud Awareness is Education-Elegbe
Mitchell Elegbe is managing director/CEO, InterSwitch Limited, one of Nigeria’s major switching companies. Elegbe has significant exposure and in-depth knowledge of the industry, both…
- 2 Oct 2016
Interswitch Concludes Acquisition of Vanso
Interswitch Limited, Africa’s leading digital payments and commerce company has successfully completed a 100% acquisition of Value Added Network Solutions Limited (VANSO). VANSO is a market leading…
- 22 May 2018
Opera in Race to Acquire Nigeria’s Telnet
Telnet Nigeria Limited, the Nigerian technology conglomerate, is near closing a deal to sell stakes in its mobile money business subsidiary, Paycom to the maker of popular Opera Mini browser, Opera…
- 11 Feb 2020
FBNQUEST Acts As Lead Issuing House, Book Runner on Listing of Interswitch N23B Bonds
FBNQuest, the investment banking and asset management subsidiary of FBN Holdings Plc successfully led a consortium of 5 issuing houses on the recent listing of the Interswitch Limited’s bond on the…
- 5 Dec 2015
BlackBerry Extends Mobile Payments to Nigeria, Others
Blackberry Limited, the Canadian global mobile communications leader, has announced its intentions to extend its mobile payment option to Africa, starting with Nigeria, then South Africa. Blackberry…
- 14 Jan 2013
Interswitch Implements OTP Solution
Interswitch Limited, an electronic transaction switching and payment processing company, has introduced a One-Time-Password (OTP) solution for transactions done on the Internet. This is in compliance…
- 7 May 2012
Starcomms Customers Now Recharge on Quickteller Platform
Starcomms Plc, Nigeria’s leading Code Division Multiple Access (CDMA) operator, recently further endeared itself to the customers by entering into a strategic partnership with Interswitch Limited for…
- 9 Oct 2013
EPPAN Calls for Upgrade of Infrastructure for Cashless Regime Boom
Electronic Payment Providers Association (EPPAN) has reiterated the need for Nigeria to upgrade its infrastructure ahead of the boom in ePayments in the country, even as it stressed that more…
- 14 Nov 2023
Interswitch System Glitch: Court Orders Freezing of Accounts in 54 Banks
Justice Peter Lifu (JP) of a Federal High Court sitting in Lagos has granted an order freezing some accounts in about 54 financial institutions in the country where alleged funds from Interswitch…
- 19 Jan 2009
Financial E-mail Spam Soars
Financial scammers’ activities seem to be increasing in spite of effort by stakeholders in the e-payment sector of the economy to educate people on their antis. Last week, some scammers sent…
- 10 Jun 2017
Petralon Energy Appoints 'Labi Ogunbiyi as Strategic Advisor to BoDs
Petralon Energy Limited has appointed Mr. Constantine ‘Labi Ogunbiyi as Strategic Adviser to its Board of Directors. ‘Labi Ogunbiyi founded First Hydrocarbon Nigeria Limited (FHN), where he served as…
- 6 Jul 2010
ATMs: Job Losses, Scam Slow Patronage
Transactions on Automated Teller Machines (ATMs) shrank at its fastest pace in three months March to May this year highlighting the severe toll of the worsening economic situation in the country,…
- 28 Dec 2020
Why We Opted Out of Transaction Switching Business-3Line
3Line Card Management Limited, Nigeria’s fintech firm has explained that it opted out of payment transaction switching services because it no longer aligns with its overall business strategy. The…
- 22 Jul 2015
Anambra Backs E-PPAN, CBN on e-Government Summit
Anambra State Government has thrown its weight behind an e-government summit being organised by the e-payment community in Nigeria which is holding in Abuja next week. The event is being organised by…