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Cashless transactions rise by 54 55% to ₦611 06 trillion - NIBSS

Fresh data from the Nigeria Inter-Bank Settlement System (NIBSS) has shown that the value of cashless transactions increased by 54.55% over 12 months from ₦395.38 trillion in 2022 to ₦611.06 trillion in 2023. | Pulse Nigeria

Nigeria instant payment system

Despite naira scarcity, e-payment falls to N37 67tn

Despite naira scarcity, e-payment falls to N37 67tn
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Speed, accessibility driving PoS acceptance | The Nation Newspaper

Speed, accessibility driving PoS acceptance | The Nation Newspaper
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Nigerians used electronic gateways 1 35 billion times in March

The new industry statistics from the Nigeria Inter-Bank Settlement System ( NIBSS) showed that Nigerians used electronic gateways 1.35 billion times in March, 448.54 million times more than the 901.46 million times they did in February. The NIBSS records cashless transactions from the Nigeria Instant Payment System and Point of Sales terminals. The value of |

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Slow compliance despite CBN order, banks ration old notes

Slow compliance despite CBN order, banks ration old notes
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