Customers of fintech companies in Nigeria have been unable to make transfers due to a technical glitch in the Nigerian Inter-Bank Settlement System (NIBSS). The glitch, which started early on Tuesday, April 11, 2023, continued until the morning of Wednesday
According to sources close to NIBSS, the technical issue was caused by a network failure, which has affected the core banking system. The glitch has caused frustration and inconvenience for customers, many of whom rely on these fintech platforms for their daily transactions.