Nigeria — Nigeria Inter-Bank Settlement System
Tracked across 9 events · 80 articles · First seen Dec 02, 2025 · Last active Aug 18, 2026
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Tech
The Nigeria — Nigeria Inter-Bank Settlement System (NIBSS) Plc has commenced the rollout of the National Payment Stack (NPS), a sovereign, ISO 20022-compliant digital infrastructure designed to succeed the legacy NIBSS Instant Payment (NIP) system.…
Impact: NIBSS is the developer and operator of the National Payment Stack, leading the rollout and managing the transition from the legacy NIP system. The successful adoption of NPS enhances NIBSS's role as the central payments infrastructure provider in Nigeria.
Aug 11, 2026 · 7 articles
Business
Impact: Nigeria — Nigeria Inter-Bank Settlement System (NIBSS) is a key player in developing and maintaining Nigeria's digital payment infrastructure, including NIP and NPS, and is actively promoting the adoption of NQR code payments to enhance financial inclusion and transaction efficiency.
Jun 28, 2026 · 6 articles
Regulatory
Impact: Nigeria — Nigeria Inter-Bank Settlement System is one of the two licensed payment terminal service aggregators that all PoS operators must maintain active links with, and it is mandated to conduct periodic tests and report downtimes to the Nigeria — Central Bank of Nigeria.
Dec 12, 2025 · 7 articles
Regulatory
Impact: Nigeria — Nigeria Inter-Bank Settlement System is a defendant, accused of patent infringement, breach of NDA, and refusal to deploy Enterprise Logistics Speciale Limited's solution. It denies liability, arguing against creating a monopoly.
Jul 01, 2026 · 9 articles
Domestic
Impact: The Nigeria — Nigeria Inter-Bank Settlement System>>> processes millions of instant transactions daily and collaborated with the Nigeria — Central Bank of Nigeria>>> on the Non-Resident Bank Verification Number platform, supporting the PSV 2028 goals.
Jun 01, 2026 · 24 articles
Regulatory
The Nigeria — Nigeria Deposit Insurance Corporation (NDIC) has commenced payment of insured deposits to customers of 46 microfinance banks whose licenses were revoked by the Nigeria — Central Bank of Nigeria (CBN) on July…
Impact: NIBSS is used as the payment channel for insured deposits, facilitating fast and direct reimbursements to depositors.
Jul 22, 2026 · 6 articles
Business
Standard Bank, Africa's largest bank by assets, is in early-stage discussions to acquire a stake in OPay Digital Services, a Nigeria-focused fintech, ahead of OPay's planned US initial public offering (IPO). The potential investment, reported…
Impact: NIBSS data shows Nigeria's electronic transactions growth, supporting OPay's market opportunity.
Aug 18, 2026 · 8 articles
Domestic
Impact: The Acting Managing Director of Nigeria — Nigeria Inter-Bank Settlement System accompanied Henry Omoile to the Nigeria — Economic and Financial Crimes Commission office, indicating a tangential connection to the event.
Dec 02, 2025 · 7 articles
Business
Impact: Provided data on N52.26 billion fraud losses in 2024, highlighting the scale of the problem.
Jul 08, 2026 · 6 articles
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Nigeria — Nigeria Inter-Bank Settlement System created National Payment StackNigeria launches National...
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Nigeria — Nigeria Inter-Bank Settlement System planned decommissioningNigeria launches National...
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