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Nigeria marks milestone as national...

Nigeria marks milestone as national payment stack...

Nigeria marks milestone as national payment stack executes first live transaction

Nigeria marks milestone as national payment stack executes first live transaction Story by Martha Gwary Nigeria’s newly introduced National Payment Stack (NPS) has successfully completed its first live transaction, signalling a major advancement in the nation’s digital payments infrastructure and setting the stage for the gradual replacement of the existing NIBSS Instant Payments (NIP) platform. In a statement issued on Sunday, the Nigeria Inter-Bank Settlement System (NIBSS) confirmed that the inaugural transaction occurred at 11:56 a.m. on Friday, 7 November 2025, between PalmPay and Wema Bank. The National Payment Stack, designed to transform...
Maryam Umar -
Business & Economy

Nigeria marks milestone...

Nigeria marks milestone as national payment stack executes first live transaction Story by Martha Gwary Nigeria’s newly introduced National Payment Stack (NPS) has successfully completed its...
Maryam Umar -
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