Nigeria Inter-Bank Settlement System Plc (NIBSS) Network Down Time Notice:
This Nigerian Inter-Bank Settlement System (NIBSS) has announced to the general public about the current delay in processing Electronic Fund transfer that started 23-08-2025.
The Nigeria Inter-Bank Settlement System (NIBSS) is a financial infrastructure company in Nigeria that ensures smooth and secure electronic transactions and payments between banks and other financial institutions.
NIBSS said they're currently working to resolve this situation and urge the general public to exercise some patience as very issues will be resolved in due time.
This commercial banks are also experiencing this downtime:
These banks rely heavily on NIBSS for instant transfers and settlement:
- GTBank (GTCO)
- UBA (United Bank for Africa)
- Access Bank
- Zenith Bank
- First Bank of Nigeria
- Union Bank
- Fidelity Bank
- Polaris Bank
- Keystone Bank
- Stanbic IBTC
- Wema Bank / ALAT
- Heritage Bank
- Sterling Bank
- ETC
Many digital banks and fintech apps also rely on NIBSS for transfers, so they often experience disruptions:
NIBSS also shared some notifications to alart the general public of this network downtime they're currently facing, and assured that their team are effectively working hard to get everything back to normal.
Incident UpdateDear Team,We are encountering a high response time with the central transfer processor for banks (NIBSS), which is affecting our Wallet Credit service. Consequently, you may experience delays (pending wallet credit) when attempting to transfer funds to your wallet from other bank accounts.These challenges originate from NIBSS.
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Finance