Nigeria’s Electronic Payment Transactions Hit Record N1.07 Quadrillion in 2024
Electronic payment transactions in Nigeria soared to an unprecedented N1.07 quadrillion in 2024, marking the first time the country’s e-payment ...
Tag: NIBSS
Nigeria Sees 32% Growth in PoS Machines as Cashless Transactions Surge
The number of Point of Sale (PoS) machines deployed by merchants and individuals in Nigeria rose to 3.04 million as ...
Nigeria’s PoS Transactions Drop to N6.23tn in First Half of 2024 Amid Shifts in Consumer
Point of Sale (PoS) transactions in Nigeria reached a total of N6.23 trillion between January and July 2024, according to ...
Zone Payment Partners NIBBS to Boost Digital Transaction as Nigerian Electronic Payment Hits N566.3 Trillion in 7 month
The number of Point-of-Sale (PoS) terminals in Nigeria has reached 26.54 million within just seven months, according to data from ...
Bank Verification Numbers (BVNs) Surpass 57.96 Million, CBN Plans to Close Non-BVN Accounts
The total number of issued Bank Verification Numbers (BVNs) has reached 57.96 million as of July 3, 2023, based on ...
NQR: FirstBank, NIBSS partner to drive digital payment convenience
First Bank of Nigeria Limited has announced its partnership with Nigeria Inter-Bank Settlement System plc (NIBSS) on its recently launched ...
