Nigeria's E-transactions Hit N1.07 quadrillion in 2024 Electronic payment transactions in Nigeria rose to N1.07 quadrillion in 2024, reaching an all-time high and the first time to hit the quadrillion mark, according to the Nigeria Inter-Bank Settlement System. The data released by NIBSS showed that the...

BVN Enrolments Now 64.8 million – NIBSS Enrollments for the Bank Verification Number (BVN) by bank account owners in the country increased to 64.8 million in January, according to the latest data released by the Nigeria Inter-Bank Settlement System (NIBSS). Previous data released by the organization...

In Five Years, BVN Enrolment Jumps 38% to 63.1 million - Report The number of Nigerians enrolled under the Bank Verification Number system has surged by 38 per cent over the past five years, reaching 63.1 million in September 2024. This is contained in data from...

NIBSS: E-payment Transactions Rises 86% to N566.39tn in 2024 The Nigeria Inter-Bank Settlement System says E-payment transactions in the country jumped by 86.44 per cent to N566.39tn in the first half of 2024 from N303.60tn in the same period of last year. The data showed July...

Nigeria's Cashless Transactions Hit N611tn - Report The Nigeria Inter-Bank Settlement System has revealed that cashless transactions in the country rose to N611.06tn in 2023. It said this in its report on Wednesday that the payments grew by 54.55 per cent year-on-year from N395.38tn in 2022. NIBSS...

BVN: Over 60.2m Nigerians Now Registered as January 31st deadline Nears - NIBSS The Nigerian Interbank Settlement System, registration data showed that over 60.2 million Nigerians now have a Bank Verification Number (BVN), 21 days before the deadline set by the Central Bank of Nigeria. This...