NewsBreakNigeria
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USD/NGN 1,327.68 ▾0.1%GBP/NGN 1,753.58 ▾0.5%USD/NGN black market ₦1,384GBP/NGN black market ₦1,876EUR/NGN 1,496.30 ▾0.7%JPY/NGN 8.41 ▾0.5%CAD/NGN 932.85 ▾0.2%

NIBSS spends N150 million monthly on power to keep Nigeria’s payments running

Nigeria Inter-Bank Settlement Systems (NIBSS) spends at least N150 million monthly on power to keep its operations running, with diesel accounting for about N100 million of the expenditure. The post NIBSS spends N150…

Aggregated · originally by Nairametrics
28 Sept 2026, 14:00 WAT · 3 min read
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NIBSS spends N150 million monthly on power to keep Nigeria’s payments running

Nigeria Inter-Bank Settlement Systems (NIBSS) spends at least N150 million monthly on power to keep its operations running, with diesel accounting for about N100 million of the expenditure. The post NIBSS spends N150…