In furtherance of their collaborative efforts aimed at deepening financial inclusion in the country, the Central Bank of Nigeria (CBN), the Nigeria Interbank Settlement System (NIBSS), commercial banks and mobile operators on Tuesday unveiled plans to take the Bank Verification Number (BVN) enrolment exercise to the grassroots. Under the arrangement, the regulators and operators plan […]
Skye Bank mCash Merchant, Sulaiman Gidado, has emerged one of the top performing agents in the country. The Nigeria Inter-bank Settlement System (NIBSS) disclosed this at the mCash re-launch on Tuesday in Lagos. The re-launch of the payment solution was part of the renewed efforts to further drive financial inclusion in line with the Central […]
Nigeria’s banking industry lost N12.30 billion to various frauds, involving 41,461 cases, between 2014 and 2017. The Managing Director of Nigerian Inter-Bank Settlement System (NIBSS), Mr Adebisi Shonubi, made this disclosure at the third Annual Banking Security Summit, with the theme: “Digital Channels & Open Banking Security,” organised by MAXUT Consulting, in partnership with OneSpan, […]