Nigeria Interbank Settlement System

NIBSS to bar non-deposit banks from money transfer channels

Business a.m The Nigeria Interbank Settlement System Plc (NIBSS) has directed Nigerian banks to remove non-deposit-taking financial institutions such as…

By businessamlive
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Nigeria’s central bank directs banks to resolve USSD disputes in three days

The Central Bank of Nigeria (CBN) has directed all commercial banks to resolve disputes arising from the use of Unstructured…

Analysts foresee single world currency in growing technology disruption

Financial and technology analysts say a single world currency is imminent given the growing technology disruption in the financial services…

Nigeria’s central bank extends settlement banking arrangement to all clearing sessions

The Central Bank of Nigeria (CBN) has extended settlement banking arrangement to all clearing sessions effective January 2018. The current…

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