Nigeria Interbank Settlement System (NIBSS). Archives

Nigeria Interbank Settlement System (NIBSS).

January 22, 2026

CBN Tightens Rules After ₦26 Billion Drop In Electronic Fraud Losses

News Crackers Economy Central Bank of Nigeria (CBN), Nigeria Electronic Fraud Forum (NeFF), Nigeria Interbank Settlement System (NIBSS). 0

CBN Mandates Faster Bank Response to Fraud Complaints THE Central Bank of Nigeria (CBN) has directed commercial banks to respond to electronic fraud complaints within 30 minutes, following a significant 51 per cent reduction in fraud-related losses across the financial sector in 2025. The new directive, announced at the Nigeria Electronic Fraud Forum (NeFF) Technical […]

January 8, 2026

CBN Reforms Drive Surge In BVN Registration

News Crackers Economy, News Bank Verification Number (BVN), Banking, Central Bank of Nigeria (CBN), National Identification Number (NIN), Nigeria Interbank Settlement System (NIBSS). 0

By FIDELUS ZWANSON Financial Inclusion and Diaspora Angle Nigeria Records 4.36 Million New BVNs in One Year — NIBSS NIGERIA added 4.36 million new Bank Verification Numbers between December 2024 and December 2025, pushing total enrollment to 67.84 million, according to the latest figures from the Nigeria Interbank Settlement System (NIBSS). The increase represents a […]