The Federal Government, in collaboration with the National Identity Management Commission (NIMC), is set to introduce an upgraded National Identity card embedded with payment functionalities and...
The Nigeria Inter-Bank Settlement System (NIBSS) has said that there is an increase in the number of registered bank verification numbers (BVN) in the country, with...
Paystack, the Nigerian fintech giant acquired by Stripe in 2020 for $200 million, has forged a strategic partnership with the Nigeria Inter-Bank Settlement Scheme (NIBSS) to...
In a significant move, the Nigerian Inter-Bank Settlement System (NIBSS) has announced a substantial reduction in electronic transfer fees. Effective July 1, 2023, the transaction processing...