During its pilot phase, Nigeria's National Payment Stack (NPS) successfully processed 153,000 transactions, indicating significant progress towards a comprehensive rollout. The NPS is designed to integrate various financial entities, including banks, fintech companies, and mobile money operators, onto a unified payment platform. Premier Oiwoh, the managing director and CEO of the Nigeria Inter-Bank Settlement System (NIBSS), highlighted this achievement during the official launch of the infrastructure. The initiative aims to enhance the efficiency and accessibility of payment services across the country.
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