30 results
- 6 Apr 2024
NIMC, Others to Unveil National ID Card with Payment Features
National Identity Management Commission (NIMC), in collaboration with Nigeria Inter-bank Settlement System (NIBSS) and the Central Bank of Nigeria (CBN), is set to launch an improved national…
- 18 Nov 2025
NIBSS's Platform Becomes Africa’s First ‘Mature’ Instant Payment System
Nigeria Inter-Bank Settlement System’s (NIBSS) Instant Payment platform (NIP) has become the first and only Instant Payment System (IPS) in Africa to reach the “Mature” level of inclusivity on…
- 1 Dec 2024
UBA Partners NIBSS on NQR Payment Solution
United Bank for Africa (UBA) on behalf of Nigeria Inter-Bank Settlement System (NIBSS), other Banks and financial institutions, has successfully hosted the inaugural Annual General Meeting (AGM) of…
- 13 May 2025
CBN, NIBSS Unveil BVN Platform for Diaspora Nigerians
Central Bank of Nigeria (CBN), in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS) on Tuesday inaugurated an innovative digital gateway allows Nigerians in the diaspora to obtain a…
- 18 Jun 2025
NIBSS National Payment Stack to Transform Nigerian Instant Payments
Nigeria Inter-Bank Settlement System (NIBSS) has launched the National Payment Stack (NPS), a payment infrastructure aimed at redefining digital payments in Africa and building on the introduction of…
- 11 Oct 2015
CDNet, Other Top IT Firms Mull I Cell Tech Workshop 2015
Career Development Network (CDNet), Nigeria Computer Society (NCS), Nigeria Inter-Bank Settlement System Plc (NIBSS), CWG, SystemSpecs, Interswitch, Internet Solutions (IS) and other top IT firms are…
- 15 Jun 2021
Layer Partners UBA to Revolutionize Digital Banking Experience in Nigeria
Layer, digital banking provider, has sealed a partnership deal with the United bank for Africa (UBA) to rapidly revolutionize digital banking and ultimately, expand banking experience across Nigeria.…
- 24 May 2020
Sterling Bank Launches OneBank App
Sterling Bank Plc, Nigeria’s leading digital bank has launched a new, unique but simple banking application that can be used for all banking and payment transactions by its customers. Mr. Olayinka…
- 12 Jun 2014
Banks Set for Biometric Registration of Customers on Monday
Deposit Money Banks will on Monday next week commence the biometric registration of their customers, the Nigeria Inter-Bank Settlement System Plc, the organisation coordinating the project, has said.…
- 20 Aug 2024
Fintech, NIBSS Partner to Boost POS Transactions
Zone Payment Network Limited, formerly known as Appzone, has collaborated with the Nigeria Inter-Bank Settlement System to enhance POS transactions across the country. According to a statement on…
- 21 Jun 2018
NIBSS says Nigerian Banks Lose N12.30bn to Fraud in 4 Years
The Nigerian Inter-Bank Settlement System (NIBSS), yesterday said the banking industry lost the sum of N12.30 billion to various frauds between 2014 and 2017. Mr. Adebisi Shonubi, Managing Director,…
- 25 Jan 2026
NIBSS, Others Flag 13,417 Nigerian Fraudsters on Person of Interest Portal
At least 13,417 individuals linked to fraudulent activities in Nigeria’s financial system have been captured on the Person of Interest Portal jointly developed by the Nigeria Inter Bank Settlement…
- 4 Jan 2017
Keystone Bank Deploys NetGuardians for Protection Against e-Banking Fraud
Nigeria’s Keystone Bank Limited, has adopted NetGuardians, Swiss FinTech leader, for real-time protection against eBanking fraud. The move helps ensure compliance with the Central Bank of Nigeria’s…
- 4 Jun 2026
Moniepoint CEO Pushes New Credit Revolution for Millions of Nigerian Small Businesses
As the Central Bank of Nigeria (CBN) officially rolled out its ambitious Nigeria Payments System Vision (PSV) 2028 framework in Abuja, industry leaders are shifting the conversation from how money…
- 2 Apr 2026
CBN Plans New Payment Systems Vision
Central Bank of Nigeria (CBN), has said that it will be launching a new payment systems vision that will outline where the entire ecosystem is expected to be heading in the next three years. Olayemi…
- 18 May 2026
Identy.io, US Firm Eyes 1Bn Biometric Verification Transactions in Nigeria
Identy.io, a United States-based cybersecurity and mobile biometric authentication company, has announced plans to process one billion biometric identity verification transactions in Nigeria within…
- 7 Oct 2022
Glo Launches MoneyMaster to Service Unbanked, Under-banked Nigerians
The Central Bank of Nigeria (CBN) has licensed Globacom’s MoneyMaster PSB, to foster the inclusion of millions of unbanked and under-banked Nigerians into the financial services ecosystem. The…
- 21 Aug 2024
AfriGO Drives Card Adoption with Instant POS Settlement Process
Afrigopay Financial Services Limited (AFSL) has unveiled a game-changing feature for its AfriGO card, introducing instant POS settlement for transactions. The innovative enhancement is designed to…
- 7 Aug 2020
FirstBank Processed N6 Trillion Transactions Via FirstMonie — Adeduntan
First Bank of Nigeria Limited has said that it has processed transactions worth over N6 trillion on its FirstMonie Agent network as at July 2020. Dr. Adesola Adeduntan, chief executive officer,…
- 15 Nov 2019
ALMPO announces theme, speakers for Mobile Money conference 2019
The Association of Licensed Mobile Payment Operators (ALMPO) is set to host the 2019 Mobile Money Conference. The theme for this year’s event is; Mobile Money: “Beyond Payments” . The august event is…
- 24 Nov 2019
Eziukwu, Group CEO BlueTag to Keynote 2019 Mobile Money Conference
Mr. Uzo Eziukwu, group ceo, BlueTag Group, has been scheduled to present the keynote presentation as the Association of Licensed Mobile Payment Operators (ALMPO) is set to host the 2019 Mobile Money…
- 4 Aug 2021
Unity Bank Unveils New USSD Platform to Combat E-Banking Fraud
Unity Bank Plc has unveiled a new code on its USSD platform that completely puts the customer in control of his Bank Account against any e-Banking fraud. The new code which is *7799*9*Phone Number #…
- 1 Feb 2024
Grow Your Business and Make More Money with PalmPay
In today’s world of e-commerce, the right financial tool can gravitate from the more technical accounting software and payroll management tool to the less complicated but secure digital payment…
- 10 Apr 2024
Confusion, Criticisms Hit NIMC’s Proposed Multiple National ID Cards
There’ve been mixed reactions in Nigeria after the federal government unveiled plans to introduce a new multi-purpose national digital ID card, with some describing it as a duplicative effort and a…
- 13 Nov 2025
PalmPay Executes Nigeria’s First Live Transaction on the National Payment Stack
PalmPay, Nigeria's leading digital banking platform, has once again demonstrated its leadership in driving the nation’s payment revolution. In a landmark development for Nigeria’s digital economy,…
- 8 Mar 2020
Unity Bank Introduces USSD In Nigerian Languages
Unity Bank Plc has launched an Unstructured Supplementary Service Data, (USSD) banking in Nigeria’s three major languages – Yoruba, Hausa and Igbo, making it the first Nigerian commercial bank to…
- 18 Jun 2026
Telecom Regulator, NCC, Digital Encode, AfriGoPay Support eBusinesslife Girls In ICT Campaign
The nation’s telecommunications regulator, the Nigerian Communications Commission (NCC) has reaffirmed its commitment towards ensuring that the gender disparity in the ICT career sector is bridged.…
- 8 Apr 2024
FG Taps SecureID to Manufacture AfriGo Card, First National Domestic Card Scheme
National Identity Management Commission (NIMC) has appointed SecureID, a Lagos-based company as first manufacturer of AfriGo Card, the national domestic card scheme, an innovative identity solution…
- 19 Mar 2025
UBA Launches Afrigo Card to Revolutionise Domestic Payments
United Bank for Africa (UBA) Plc. Africa’s Global Bank, has launched the Afrigo Card, a revolutionary domestic card scheme aimed at transforming the Nigerian payments landscape. Officials of UBA at…
- 19 May 2014
Banks, Merchants Invest $80m on PoS Terminals
Money deposit banks and merchants in the country have invested some $80 million in the acquisition of Point of Sale (PoS) terminals in their effort to facilitate electronic payment, Nigeria…