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Tag "NIBSS"

NIBSS to banks: Delist non-deposit providers from online payment services

    NIBSS to banks: Delist non-deposit providers from online payment services

Nigeria Inter-Bank Settlement System (NIBSS) has directed banks to delist non-deposit payment service providers from the instant payment (NIP) outward transfer channels. This was disclosed in a notice dated December

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Failed transactions drop e-payment transactions to N37trn in February

    Failed transactions drop e-payment transactions to N37trn in February

The Nigeria Inter-Bank Settlement System (NIBSS) says the value of e-payment transactions dropped to N37.67 trillion in February 2023. This figure represents a 4.83 percent decrease from the N39.58 trillion

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CBN asks banks to create scan-to-pay option

    CBN asks banks to create scan-to-pay option

The Central Bank of Nigeria (CBN) has asked deposit money banks to create scan-to-pay options for customers. The Nigeria Inter-Bank Settlement System Plc (NIBSS) unveiled the NQR payment solution in

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CBN, NIBSS, NIPOST account for N35.2bn stamp duty revenue, deny withholding N20trn

    CBN, NIBSS, NIPOST account for N35.2bn stamp duty revenue, deny withholding N20trn

Federal government agencies including the Central Bank of Nigeria (CBN), Nigerian Postal Service (NIPOST), and the Nigeria Inter-Bank Settlement System (NIBSS) Plc have denied withholding stamp duty revenues to the

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INVESTIGATION: Government agencies hiding details of N20trn stamp duty revenue

  INVESTIGATION: Government agencies hiding details of N20trn stamp duty revenue

Details of the revenues from stamp duties estimated at N20 trillion still remains opaque as the federal agencies involved in

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FRAUD WATCH: Banks to start monitoring customers’ accounts

  FRAUD WATCH: Banks to start monitoring customers’ accounts

The Central Bank of Nigeria (CBN) has directed deposit money banks and other financial institutions to monitor accounts of customers

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GTB wins six prizes at CBN awards

  GTB wins six prizes at CBN awards

Guaranty Trust Bank Plc, emerged a multiple award winner at the 2017 Electronic Payment Incentive Scheme (EPIS) awards, organised by

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