NIP Transactions Hit N20trn In May - NIBSS       Nigerians transacted over N20tn instant payment transactions in May according to the Nigeria Inter-Bank Settlement System. Transaction in May was 0.15 per cent higher than for April. Instant payment transactions in May also showed a spending recovery from...

Banks Recorded N11.44trn Online Payments In March   Bank customers carried out a total of N11.44tn worth of financial transactions on the Point of Sales and Instant payment and electronic bills platforms in March, the latest data from the Nigeria Inter-Bank Settlement System have shown. This shows...

NIBSS Moves To Boost Financial Inclusion   The Nigeria Inter-Bank Settlement System Plc has relaunched an e-payment platform, mCASH, targeting 500,000 agents, in a bid to deepen financial inclusion in the country. The Managing Director/Chief Executive Officer, NIBSS, Adebisi Shonubi, said at the relaunch in Lagos on...