Nigeria Inter-Bank Settlement System (NIBSS) experienced downtime, leaving bank customers lamenting over transfer errors and failed transactions.
Numerous screenshots purportedly from banks circulated, indicating that the NIBSS, serving as the settlement partner for all banks, is encountering challenges in completing transfers- “NIBSS the settlement partner for all banks is having issues completing transfers at the moment”
Despite the reported network issues, banks have assured customers that the NIBSS is actively working to resolve the problem. Amid the disruption, various customers took to social media, expressing their concerns.
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