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Nigeria marks milestone as national...

Nigeria marks milestone as national payment stack...

Terrorists kill US returnee, kidnap...

Terrorists kill US returnee, kidnap wife during...

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 -
Crime

Terrorists kill US...

Terrorists kill US returnee, kidnap wife during land transaction Suspected members of the Indigenous People of Biafra (IPOB) group have killed a United States-based returnee...
Maryam Umar -
Finance

CBN sells $20,000...

CBN sells $20,000 to Bureau De change at new rate as naira falls Story from Jane AISO The Central Bank of Nigeria (CBN) has announced it...
Usman Umar -
Business & Economy

CBN insists January...

CBN insists January 31 is deadline for old notes amidst new notes scarcity Amid concerns about the scarcity of new naira notes, the Central Bank...
Gift Luckson -
Business & Economy

CBN gives guidelines...

The Central Bank of Nigeria, CBN has released a Regulatory Guidelines and Framework for Mobile Money Services in the country. According to CBN, the introduction...
Gift Luckson -
Nation

USSD Services: Customers...

On Tuesday, the Central Bank of Nigeria (CBN) announced new charges for customers using the Unstructured Supplementary Service Data (USSD) services. In a statement released...
Maryam Umar -
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