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Tag "Nigeria Inter-Bank Settlement System(NIBSS)"

CBN revises banks’ clearing system rules, to kick off September

The Central Bank of Nigeria (CBN) has revised the clearing system rules for deposit money banks in the country. The revision will kick off on September 1, the apex bank

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Banks lose 2m customers in two years

    Banks lose 2m customers in two years

Data made available by the Nigeria Inter-Bank Settlement System (NIBSS) show that banks lost two million customers between 2016 and 2017. The total number of bank accounts dropped to 59

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