The Nigeria Inter-Bank Settlement System (NIBSS) has introduced the National Payment Stack (NPS), a new digital infrastructure designed to modernise and secure the country’s payment ecosystem...

Banks in Nigeria have received a directive from the Nigeria Inter-Bank Settlement System (NIBSS) to disconnect Switches, Payment Solution Service Providers (PSSPs), and Super Agents from...

The Nigeria Inter-Bank Settlement System (NIBSS) announced a substantial loss of approximately N9.5 billion within the banking sector for the year 2023. The disclosure was made...