Nigeria Inter-Bank Settlement System Plc (NIBSS) has launched an innovative payment platform, New Quick Response (NQR) code, to promote digital transaction and enhance consumer payment experience while driving growth for business owners. According to the financial provider, the payment platform, implemented on behalf of all financial service providers, will unify the available closed QR Code…
The Chartered Institute of Bankers of Nigeria (CIBN) in collaboration with Nigerian Inter-Bank Settlement System Plc (NIBSS) has unveiled a professional certification programme on electronic.....
The Internet world is like a city, jam-packed with information and resources worthy of the finest museums, but with menace for the unwary.
Increasing number of Nigerians count their losses as activities of cybercriminals continue to rise year-on-year (Y-o-Y) basis.
28 Dec 2020
From January to October this year, the Nigeria Inter-Bank Settlement System (NIBSS) processed a total of 3.94 million cheques. The volume is equivalent to 60 per cent of the 6.56 million it treated in the same period last year.
3 Aug 2020
Dividends are the distributable earnings of a company, which are determined by its board of directors. However, when declared, it becomes a liability on the company, CAMA (1990).
18 May 2020
What has gone wrong with Nigerian banking? That was the question many asked as they saw pictures and videos shared on social media of crowds that besieged the gates of several bank branches across Lagos
26 Feb 2020
As digital innovation positions as the future of payments, opportunities abound for organisations and financial institutions to solve some of the world’s biggest challenges and enhance large-scale productivity.
31 Jan 2020
Today, 31st January 2020, Segun Lawrence Aina turns 65. This opened another page in the life of a man who has made global professional banking practice, education, youth development...
11 Dec 2019
The Committee of e-Banking Industry Heads (CeBIH) and the Nigeria Interbank Settlement System (NIBSS) and have disclosed plans to sustain the 120 per cent growth recorded in electronic payment transactions
9 Dec 2019
The Committee of e-Banking Industry Heads (CeBIH) and the Nigeria Interbank Settlement System (NIBSS) and have disclosed plans to sustain the 120 percent growth recorded in electronic payment transactions, under the Payment System Vision 2020 (PSV 2020).
30 Oct 2019
More Nigerians are now shunning transactions via Point of Sales (PoS) terminals; owing to the implementation of a ₦50 additional charge by merchants, as imposed by the Central Bank of Nigeria...