NIBSS

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NIBSS Appoints Ebehijie Juliet Momoh MD/CEO AfriGOPay, Ugo Obasi COO To Drive Nigeria’s National Domestic Card Scheme

THEWILL. -
June 23, (THEWILL) - The Nigeria Inter-Bank Settlement System (NIBSS) has announced the appointments of Mrs. Ebehijie Juliet Momoh as Managing Director/Chief Executive Officer and Mr. Ugo Obasi as Chief Operating Officer of AfriGOPay Financial Services Limited (AFSL), a...
News

Over Two Million Closed As Number Of Inactive Bank Accounts Hit 19.7m In Q1 2024

Felix Ifijeh, THEWILL -
May 2, (THEWILL) - At least 2.021 million bank accounts have been closed in the first quarter of 2024 (Q1’24), the Nigerian Interbank Settlement System (NIBSS) said in its latest report. This followed a regulatory order by the Central...
Business

Number Of Active Bank Accounts Rises To 151m, NIBSS Says

Sam Diala, THEWILL -
February 14, (THEWILL) - New data from the Nigeria Inter-Bank Settlement System Plc (NIBSS) has revealed that the number of active bank accounts in Nigeria increased to 151 million in December 2022, Despite a 13 percent growth in...
News

Banks To Disconnect Non-Deposit Financial Institutions From Transfer List

Aina Ojonugwa, THEWILL -
December 07, (THEWILL) - The Nigeria Inter-Bank Settlement System (NIBSS), has directed banks to disconnect all non-deposit financial institutions from its transfer list. The NIBSS disclosed this in a circular dated December 5, 2023, with Ref: NIBSS/BD/NI/PO/005/051223 to banks. According to...
Business

Bank Customers’ Money Transfer Hit N2.1trn In November 2022

THEWILL -
Data from the Nigeria Inter-Bank Settlement System (NIBSS) shows that bank customers in Nigeria transferred a total of N2.1 trillion over mobile in November 2022. The November figure brought the total mobile inter-scheme transactions on the NIBSS platform to...
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NewsFelix Ifijeh, THEWILL -

Captives In Minefield: Kidnappers Turn Forests Into Death Traps As Woman Gives Birth In Captivity

The developments emerged from two separate kidnapping incidents involving prospective National Youth Service Corps (NYSC) members travelling to orientation camps in the South-East and South-South, and farmers abducted from their fields in Niger State.
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