Nigeria, Nov. 13 -- The Nigeria Inter-Bank Settlement System Plc (NIBSS) on Thursday emerged as the only payment system in Africa to attain the matured inclusivity level.

This was announced at the launch of the State of Instant Payment Systems (SIIPS) 2025 report in Eswatini, with Nigeria receiving a standing ovation from bankers, investors, and other participants in the hall.

The 2025 report, produced by the AfricaNenda Foundation in partnership with the Central Bank of Eswatini (CBE), the World Bank, and the United Nations Economic Commission for Africa (UNECA), assesses the state of payment systems on the continent.

It highlights the latest developments in the instant retail payment systems (IPS) ecosystem across Africa and evaluate...