Tag: NIBSS

Failed banks’ depositor payouts: NDIC, NIBSS seal new deal

Business Damilola Bayonle -
Nigeria’s financial safety-net framework is set for a major upgrade as the Nigeria Deposit Insurance Corporation (NDIC) and the...

CBN’s dual PoS connectivity: Powerful new directive set to transform failing payment system

Business Damilola Bayonle -
CBN’s Dual PoS Connectivity Directive and Its Impact on Nigeria’s Payment Ecosystem The Central Bank of Nigeria has issued a...

NIP achieves Africa’s top inclusivity payment rating | Nigeria sets new benchmark

Business Damilola Bayonle -
Nigeria has strengthened its position as a continental leader in digital financial services, following the announcement that the NIBSS...

National Payment Stack completes first live transaction, driving Nigeria’s digital payment revolution

Business Damilola Bayonle -
Nigeria has marked a major milestone in its digital financial ecosystem with the successful completion of the first live...