Tag: NIBSS

For a busy PoS agent, having many customers should be good for business. But Nigeria’s cash-out limit can create an ...

Nigeria’s digital economy is often measured through fintech valuations, mobile subscriptions, electronic payments and broadband investment. But beneath those headline ...

The latest data show a country moving towards electronic payments without abandoning physical money. Cash outside the banking system fell ...

For years, the Point-of-Sale (POS) agent under the mango tree has been the bank branch that never had to be ...

The Central Bank of Nigeria has given point-of-sale operators and their financial institution partners extra runway to comply with its ...

Nigeria's financial services industry is evolving rapidly as fintech companies expand their footprint in digital payments, retail banking and small ...

The Central Bank of Nigeria has inaugurated a Payments Service Providers Committee (PSPC) as digital transactions in the country surged ...

The Central Bank of Nigeria’s (CBN) recent Fintech Policy Insight Report presents a striking paradox: a payments system that processes ...

Lotus Bank Limited has instituted a major lawsuit against 45 banks across Nigeria, including leading commercial institutions and prominent financial ...

Lotus Bank Limited has filed a lawsuit against 45 banks in Nigeria over a financial loss of N1,133,808,604.31, which it ...