NIBSS Celebrates Three Decades of Landmark Achievements @ Annual General Meeting

The Nigeria Inter-Bank Settlement System Plc (NIBSS) held its 30th Annual General Meeting (AGM) on Thursday at its headquarters on Ahmadu Bello Way, Victoria Island, Lagos.

According to a press release, the event marked a significant milestone in the history of NIBSS, as it celebrated three decades of advancing Nigeria’s payment system and financial inclusion.

Addressing Shareholders, Board members and other stakeholders, Mr. Philip Ikeazor, Chairman, Board of Directors of NIBSS and Deputy Governor, Financial System Stability at the Central Bank of Nigeria (CBN), expressed his satisfaction with the company’s resilience and performance amid challenging economic conditions.

Ikeazor said: “Our ability to navigate the complexities of 2023, while delivering on our mandate, is a testament to the strength of our leadership and the unwavering commitment of our team.”

Commenting on the company’s accomplishments, he said: “NIBSS has not only sustained its critical role in the Nigerian payment system but has also pioneered innovations that are setting new benchmarks for the industry.

“2023 was a year of significant achievements for NIBSS, driven by our commitment to enhancing Nigeria’s financial and payment infrastructure, one of the most notable achievements in 2023 was the successful launch of the AfriGO Card; the national domestic card scheme, in collaboration with the Central Bank of Nigeria.”