Recent NIBSS Data Shows Failed POS Transactions are Increasing Dangerously

Data from the Nigeria Inter-Bank Settlement System (NIBSS) shows that POS transactions have fallen since the start of 2019. 2018 was a very vibrant year for POS transactions. According to NIBSS data, POS transactions in Nigeria topped N2.3 trillion. That’s an incredible 65% leap from the N1.4 trillion recorded in 2017. However since the start … Continue reading Recent NIBSS Data Shows Failed POS Transactions are Increasing Dangerously