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NIBSS Payment Stack Processes N1.4trn In 26.5m Transactions

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NIBSS Payment Stack Processes N1.4trn In 26.5m Transactions

12 Aug, 2026

The Nigeria Inter-Bank Settlement System (NIBSS) Plc has commenced the rollout of its National Payment Stack (NPS), processing 26.55 million transactions valued at N1.4 trillion across 48 participating institutions. The NPS is a sovereign, ISO 20022-compliant digital payment infrastructure designed to succeed the legacy NIBSS Instant Payment (NIP) system and modernise Nigeria’s financial ecosystem................................READ MORE