Dossier
Nigeria Inter-Bank Settlement System
Coverage of Nigeria Inter-Bank Settlement System in the Nexus archive.
- A trust gap could unravel Nigeria's financial inclusion wins
Nigeria's financial inclusion efforts have increased access but face challenges with rising dormant accounts due to trust issues. Fragmented responsibility in the financial system leads to unresolved customer issues, eroding confidence. The article highlights the need for policies addressing trust to sustain inclusion.
- Court urges settlement in N98.5bn patent suit against CBN, NIBSS
A court has urged the parties in a N98.5bn patent suit against the Central Bank of Nigeria (CBN) and the Nigeria Inter-Bank Settlement System (NIBSS) to explore an amicable settlement. The judge highlighted the Federal High Court Act's provisions encouraging such resolutions and called for good faith negotiations.