NIBSS Blames System Glitch For Stolen N13.66bn, Seeks Court’s Intervention

The Nigeria Inter-Bank Settlement System Plc (NIBSS) has urged the Federal High Court in Lagos to grant an order freezing 176 bank accounts linked to unauthorised transfers totalling N13.66 billion, arising from a glitch on its payment platform. NIBSS, in the Suit before Justice Daniel Osiagor, is seeking an order directing 19 financial institutions in […]

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