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NIBSS says 28 percent of Nigerians have registered for BVN

Latest data report from the Nigeria Inter-Bank Settlement System (NIBSS) has pegged Nigeria’s Bank Verification Number (BVN) Database at 67.8 million registrations (27.97% of the country’s population) ...
The Nation Newspaper

NDIC, NIBSS move to fast-track depositors’ payouts in bank failures

The Nigeria Deposit Insurance Corporation (NDIC) and the Nigeria Inter-Bank Settlement System (NIBSS) Plc are set to formalise a strategic partnership aimed at dramatically improving the speed, ...
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Banking sector fraud losses drop 51 percent to N25.85bn in 2025 — NIBSS

THE Nigeria Inter-Bank Settlement System (NIBSS) has reported a 51 per cent reduction in banking sector fraud losses, with the amount lost falling to ₦25.85 billion in 2025 from ₦52.26 billion ...
The Nation Newspaper

Cash, digital payments must co-exist, says NIBSS

The Nigeria Inter-Bank Settlement System (NIBSS) has reiterated the crucial role of cash in the payment system, stressing that cash must co-exist with the e-payment services. Speaking at the 2026 ...
Naija Gist - Latest

Forgotten your BVN? Here’s how to retrieve it instantly in Nigeria (without stress)

The Bank Verification Number (BVN) is an 11-digit unique identity number issued to every bank customer in Nigeria by the Central Bank of Nigeria (CBN) and NIBSS . Your BVN is permanent and does not ...