NewsBlogNewsIn the mediaEventsFinancial Inclusion: Nigeria leads in instant payment system inclusivity index in Africa — Report20 November 2024Share this pageBackMore information about this topicLatest newsSIIPS 26 November 2025 NIP Nigeria Becomes Africa’s First “Mature” Instant Payment SystemAt the launch of State of Inclusive Instant Payment Systems (SIIPS) 2025 in Eswatini, the continent witnessed a breakthrough: Nigeria Inter‑Bank Settlement System Plc (NIBSS)’s NIBSS Instant Payment (NIP) platform became the first instant payment system (IPS) in Africa to reach the “Mature” level on the AfricaNenda Foundation Inclusivity Spectrum.In the media 19 November 2025 ‘Entrepreneurship To Flourish’: Africa’s Instant Payments Hit 64 Billion Transactions, New Report ShowsThe new report shows transaction volumes have grown at an average annual rate of 35% since 2020.In the media 19 November 2025 Africa’s instant payments hit $2 trillionAfrica’s instant payments are scaling fast, reaching nearly $2 trillion in 2024 and reshaping how people and businesses move money.
