The Central Bank of Nigeria (CBN) has reviewed upwards, the operations of the Nigeria Inter-Bank Settlement System (NIBSS) and other electronic payment operations. The monetary policy measure was contained in a circular issued by the apex bank’s Payments System Management Department, Mr. Musa Jimoh, and hoisted on the bank’s website. The Director stated that the […]
Tag: Nigeria Inter-Bank Settlement System (NIBSS)
BVN Enrolment Increased By 3Mn From Jan-May 2022 – NIBSS
The Nigeria Inter-Bank Settlement System (NIBSS) has reported that three million bank account owners in the country enrolled for the Biometric Verification Number (BVN) from January to May 29 this year, raising the number of enrolments to 54.7 million so far. According to the data released by NIBSS, as of December 26, 2021, the total […]
Experts Seek Amendment Of National Cybersecurity Protection Act
The Information Security Society of Africa Nigeria (ISSAN), has advocated the need for the amendment of the National Cybersecuriy Protection Act 2015 to update its provisions with current realities in the global cybersecurity space Speakers and Panelists at the association’s just concluded Quarter 1, 2022 Cybersecurity Conference with the theme ‘Payment Systems Platform Security’ held […]