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nigeria

    All eNaira NIBSS Instant Payment (NIP) Nigeria Mobile Money

Report Year

2025

    Nigeria Mobile Money

  • Geographic Reach

    Nigeria

  • Gender

    No

  • Geographic Region

    West Africa

  • Coverage

    Domestic

  • Year Of Establishment

    2013

  • IPS Type

    Mobile-money

  • Interoperability Arrangement

    Bilateral

  • Governance Typology

    Public Private Partnership (PPP)

  • Ownership Model

    Jointly owned

  • System Owner

    NIBSS

  • Overseer

    Central Bank of Nigeria

  • System Governance

    NIBSS

  • Operator

    NIBSS

  • Settlement Agent

    Central Bank of Nigeria

  • Number of Unique IPS End Users

    -

  • Total Number Of Participants

    -

  • Number of Direct Participants: Commercial Banks

    -

  • Number Of Direct Participants: E-money Issuers

    -

  • Number of Direct Participants: MFIs

    -

  • Number of Direct Participants: Other

    -

  • Number of Direct Participants: Post Office

    -

  • Indirect Participants Type

    -

  • Number of Indirect Participants

    -

  • Supported Use Cases

    P2P, P2B

  • Supported Instruments

    E-money

  • Primary Local Channel

    USSD

  • Supported Channels

    USSD

  • QR Code Enabled Type

    -

  • Messaging Standard

    -

  • Proxy ID

    -

  • Other Proxy ID Type

    -

  • Business Model

    -

  • Pricing Structure

    -

  • Scheme Rules Public

    -

  • Additional Recourse Requirements

    -

  • Dispute Resolution Mechanism

    -

  • API Functionality

    -

  • Startup Funding Source

    -

  • Participation in Decision Making

    -

  • Mechanism for Decision Making

    -

  • Ability to become Direct Participants

    -

  • Entities that cannot Participate

    -

  • Min Value for Transactions

    -

  • Corporate Structure

    -

  • Other Corporate Structure

    -

  • Pull Payment (Request to Pay) Enabled

    -

  • Third Party Connections Enabled

    -

  • realTimePaymentConfirmation

    -

  • Transaction Validation Enabled

    -

  • Inclusivity Ranking

    Basic