NIBSS

The Nigeria Inter-Bank Settlement System (NIBSS) is fundamentally transforming the country’s payment infrastructure to facilitate widespread participation in initial public offerings and privatization transactions.

There are publications that merely document an industry, and there are those that attempt to shape its future. The maiden edition of the NIBSS Digest, appropriately themed “Redefining the Future of Payments,” belongs more convincingly to the second category.

NIBSS said the publication would provide a platform for regulators, financial institutions, fintech companies and other stakeholders to share insights on developments affecting the payments industry. The journal is available free of charge through the NIBSS website.

The NPS is not simply another payment platform. It represents NIBSS’ attempt to build the infrastructure for what payments in Nigeria will look like tomorrow.

May 10, (THEWILL) — Nigerian banks, fintech platforms, and customers are enjoying the advantages of strategic commitments made by the Nigeria Inter-Bank Settlement System (NIBSS) in developing a world-class e-payment system. NIBSS is a shared service payment infrastructure company that...

March 22, (THEWILL) — Nigerian banks are preparing for a new phase of growth that is expected to arise from the two-year recapitalisation process as the deadline of March 31, 2026 approaches. The post-recapitalisation phase will subject banks to...

March 17, (THEWILL) — Nigeria’s payment system has experienced dramatic growth over the past decade, driven by regulatory reforms from the Central Bank of Nigeria (CBN) and technological innovation by the Nigeria Inter‑Bank Settlement System (NIBSS). The backbone of the...

March 01, (THEWILL) — A recent case study conducted by Moniepoint has uncovered the growing prevalence of electronic transfers as a payment method throughout both urban and rural areas of Nigeria, while cash transactions are gradually fading away. This...

January 25, (THEWILL) — Digital infrastructure is essential for the successful execution of Nigeria's tax reform laws, as the entire process is fundamentally driven by technology. Consequently, the significance of the Nigeria Inter-Bank Settlement System (NIBSS), the entity tasked...

January 21, (THEWILL) — Nigeria’s digital banking success story is often told through the lens of apps, fintech innovation, and transaction volumes. But beneath the technology lies a less glamorous, yet far more important achievement - the rebuilding...