Snapshot from Jul 21, 2026 at 07:00 UTC. For live data and tracking: View Live
Events / Business / ACAMB and NIBSS Promote Digital Payments
Business partnership

ACAMB and NIBSS Promote Digital Payments

Analysis based on 8 articles · First reported Jun 28, 2026 · Last updated Jun 29, 2026

Sentiment
60
Attention
4
Articles
8
Market Impact
General
Live prominence charts, article sentiment distribution, and event development timeline available on the Ergen Dashboard
Market Impact

The increased adoption of digital payment channels, particularly QR codes, is expected to boost efficiency and reduce transaction costs in the Nigerian financial sector. This will likely lead to improved customer experience and potentially higher transaction volumes for banks and payment service providers, fostering economic growth in Nigeria. The collaboration between the Association of Corporate Communication and Marketing Professionals in Banks (ACAMB) and Nigeria — Nigeria Inter-Bank Settlement System (NIBSS) aims to strengthen payment rails and communication, which could enhance investor confidence in the stability of Nigeria's financial infrastructure.

Financial Services Banking Technology
Event Summary

The Association of Corporate Communication and Marketing Professionals in Banks (ACAMB) visited the Nigeria — Nigeria Inter-Bank Settlement System (NIBSS) Plc in Lagos to advocate for deeper adoption of digital payment channels, including QR code payments. The discussions, led by Association of Corporate Communication and Marketing Professionals in Banks (ACAMB) President Jide Sipe and Nigeria — Nigeria Inter-Bank Settlement System (NIBSS) Managing Director Premier Oiwoh, focused on strengthening payment infrastructure, improving communication during service disruptions, and enhancing financial inclusion in Nigeria. Nigeria — Nigeria Inter-Bank Settlement System (NIBSS) highlighted its NIBSS Instant Payment (NIP) and National Payment Stack (NPS) as foundational for secure, real-time, and cross-border transactions, and promoted the Nigeria Quick Response (NQR) code as a cost-effective payment solution. United Bank for Africa (UBA) Plc was noted as an early adopter of the Nigeria Quick Response (NQR) platform.

Key Actions
90 Nigeria — Nigeria Inter-Bank Settlement System created National Payment Stack
80 Nigeria — Nigeria Inter-Bank Settlement System prioritized fairness and trust
60 United Bank for Africa onboarded merchants
Entities Involved
govactor
Nigeria — Nigeria Inter-Bank Settlement System
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.
Importance 95.0 Sentiment 60.0
per
Jide Sipe
Jide Sipe, as President of the Association of Corporate Communication and Marketing Professionals in Banks (ACAMB), is leading the initiative to foster collaboration among banks and with Nigeria — Nigeria Inter-Bank Settlement System (NIBSS) to improve digital payment adoption and communication.
Importance 70.0 Sentiment 50.0
cnt
Nigeria
Nigeria is the primary country benefiting from the advancements in digital payment infrastructure and financial inclusion initiatives driven by Nigeria — Nigeria Inter-Bank Settlement System (NIBSS) and the Association of Corporate Communication and Marketing Professionals in Banks (ACAMB).
Importance 70.0 Sentiment 50.0
stock
United Bank for Africa
United Bank for Africa (UBA) Plc is highlighted as an early adopter of the Nigeria Quick Response (NQR) platform, onboarding its Point-of-Sale (POS) merchants to facilitate QR code payments, demonstrating a commitment to digital payment innovation.
Importance 30.0 Sentiment 40.0
ngo
Chartered Institute of Bankers of Nigeria
The Chartered Institute of Bankers of Nigeria (CIBN) is a stakeholder that the Association of Corporate Communication and Marketing Professionals in Banks (ACAMB) has been meeting with to understand how to support better collaboration and engagement in the financial sector.
Importance 20.0 Sentiment 30.0
Relationships
Nigeria related ↔ United Bank for Africa
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