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Legit on MSNOMG! Banks reveal 20 million dormant accounts are owned by customers of Access, Zenith, othersThere are around 19.69 million dormant bank accounts in Nigeria, according to the customer account database maintained by the ...
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NIMC, NIBSS to roll out multipurpose biometric ID cardThe National Identity Management Commission (NIMC) in collaboration with the Nigerian Interbank Settlement System (NIBSS) is set to roll out an improved multi-purpose biometric identity card.
Nigeria sees a surge in dormant bank accounts. CBN directives aim to enhance transparency and return unclaimed funds.
Electronic payment transactions in Nigeria rose to $702.6 billion (N1.07 quadrillion) in 12 months ended December 31, 2024, report from the Nigeria Interbank Settlement System (NIBSS) has shown.
PalmPay, a fintech with over 1.2 million agents and merchants, announced its adoption of blockchain technology ...
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The Punch Newspapers on MSNCBN probes 19.7 million dormant bank accountsThe number of dormant bank accounts in Nigeria is over 19.69 million, according to the industry customer account database released by the Nigeria Inter-Bank Settlement System.
MoreMonee collaborates with NIBSS and AfriGO to launch Nigeria's first domestic card approved by CBN
By partnering with NIBSS, a financial services company that provides infrastructure for electronic payments and settlements between banks, discount houses, and card companies in Nigeria ...
A new study from Juniper Research has found that the value of QR code payments will grow by 50% globally from $5.4 trillion in 2025 to over $8 trillion in 2029. The projection comes at a time when the ...
In essence, about 102,337,506 new accounts had been activated within the period. Previous NIBSS data showed that active bank accounts in the country stood at 202.6 million at the end of 2023.
The National Identity Management Commission (NIMC), the Nigeria Interbank Settlement Systems (NIBSS), AfriGO and other stakeholders, have mapped out strategies to launch the digital multi-purpose ...
Nigeria’s electronic payment transactions hit a historic high of N1.07 quadrillion in 2024. This feast was revealed in recent data released by the Nigeria Inter-Bank Settlement System.
The National Identity Management Commission (NIMC), the Nigeria Interbank Settlement Systems (NIBSS), AfriGO and other stakeholders, have mapped out strategies to launch the digital multi-purpose ...
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