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NIBSS provides the infrastructure for automated processing, settlement of payments and fund transfer instructions. Read more

Folashodun Adebisi Shonubi's photo - CEO of NIBBS Plc


Folashodun Adebisi Shonubi

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eTranzact is the biggest rival of NIBBS Plc. eTranzact is headquartered in Lagos Island, Lagos, and was founded in 2003. eTranzact is in the Internet Software field. eTranzact generates 30% the revenue of NIBBS Plc.

First Bank of Nigeria is NIBBS Plc's #2 competitor. First Bank of Nigeria is a Private company that was founded in Lagos, Lagos in 1894. First Bank of Nigeria is in the Banks industry. First Bank of Nigeria has 8,760 more employees vs. NIBBS Plc.

Mastercard has been one of NIBBS Plc's top competitors. Mastercard's headquarters is in Purchase, New York, and was founded in 1966. Mastercard competes in the Diversified Financial Services field. Mastercard generates 51,490% of NIBBS Plc's revenue.


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Growth Score - 1/1

Is $30M a good estimate for NIBBS Plc's revenue?

NIBBS Plc Acquisitions

No recent acquisitions found related to NIBBS Plc

NIBBS Plc Funding History

No recent funding data found related to NIBBS Plc

NIBBS Plc Investments

No recent investments found related to NIBBS Plc

NIBBS Plc News

March 11, 2021The Paypers

NIBSS to launch QR code payment solution in Nigeria

Nigeria Inter-Bank Settlement System (NIBSS) is set to launch a QR code driven payment solution in pa... See more »
February 23, 2021Business Day

CIBN, NIBSS introduce e-payment certification to bridge knowledge gap

The Chartered Institute of Bankers of Nigeria (CIBN) in collaboration with Nigerian Inter-Bank Settle... See more »
September 1, 2020Business Day

FITC, NIBSS collaborate to host largest cybersecurity conference in Africa

Against the background of increasing high profile data breaches with increasing sophistication, FITC ... See more »
July 7, 2020The Paypers

Mobile payments surged to 391 percent in Nigeria

Data from the Nigerian Inter-Bank Settlement Scheme (NIBSS) has revealed that mobile payments have in... See more »
December 9, 2019THISDAY

CeBIH, NIBSS Unveil Measures to Sustain e-Payment Growth

The Committee of e-Banking Industry Heads (CeBIH) and the Nigeria Interbank Settlement System (NIBSS)... See more »
December 3, 2019Business Day

EFInA, FSI, Omidyer Network launch Sandbox at financial inclusion conference 2019

The Financial Services Innovation Association (FSI), supported by the Nigeria Inter-Bank Settlement S... See more »
September 25, 2019Business Day

NIBSS Instant Payments leads in electronic banking channels in H1Y

The NIBSS Instant Payments (NIP) led other electronic payment channels as the volume on transactions ... See more »

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NIBBS Plc Headquarters

Plot 1230 Ahmadu Bello Way

Lagos, LagosP. M. B. 12617


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NIBBS Plc Summary



NIBSS provides the infrastructure for automated processing, settlement of payments and fund transfer instructions. NIBBS Plc was founded in 1993. NIBBS Plc's headquarters is located in Lagos, Lagos, NG P. M. B. 12617. NIBBS Plc's CEO, Folashodun Adeb...


NIBBS Plc's CEO, Folashodun Adebisi Shonubi, currently has an approval rating of 76%. NIBBS Plc's primary competitors are eTranzact, First Bank of Nigeria & Mastercard.

Frequently Asked Questions about NIBBS Plc

  1. When was NIBBS Plc founded?

    NIBBS Plc was founded in 1993
  2. Who is NIBBS Plc's CEO?

    NIBBS Plc's CEO is Folashodun Adebisi Shonubi
  3. How much revenue does NIBBS Plc generate?

    NIBBS Plc generates $30M in revenue
  4. How much funding does NIBBS Plc have?

    NIBBS Plc has historically raised $0 in funding
  1. Where is NIBBS Plc's headquarters?

    NIBBS Plc's headquarters is in Lagos Lagos, NG
  2. How many employees does NIBBS Plc have?

    NIBBS Plc has 240 employees
  3. Who are NIBBS Plc's competitors?

    NIBBS Plc's top competitors are eTranzact, First Bank of Nigeria, Mastercard