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NIP (NIBSS Instant Payment)

FPS

NIBSS Instant Payment - Nigeria's 24/7 instant interbank transfer system. One of Africa's earliest and largest instant payment deployments. Operated by NIBSS (jointly owned by CBN and Nigerian banks). Processes the vast majority of Nigeria's electronic fund transfers.

NowHours: computing from the published schedule…Service condition: Status unclear: no current source reading · source: reading paused details

Hours are not a statement about service condition.

Next

Dated items ClearingPost holds, each with its source and whether the date is confirmed

No supported upcoming items in ClearingPost's records for NIP (NIBSS Instant Payment).

ClearingPost holds sourced upcoming items for 10 of 150 systems; an empty list is a statement about ClearingPost's records, not about a system's plans.

Changed

Material, sourced changes ClearingPost recorded; corrections to its own record are labelled as such

No substantive change recorded for NIP (NIBSS Instant Payment) in ClearingPost's change records.

The full activity log for this system, including context notes, is on the Changes page.

Sources Status source: operator telemetry, see Operations ↓ · 5 of 16 fields carry a source and a recorded date · latest sourced entry recorded 31 Aug 2026 · evidence details ↓

Record · NIP (NIBSS Instant Payment)

Country
Nigeria (NG)
Currency
Nigerian Naira (NGN)
Operator
NIBSS
Type
FPS
Operating Window
24/7/365
Year Established
2011
Tier?
Tier 2
ISO 20022?
Legacy
Region
Middle East & Africa
Settlement Type?
Net
Participants
All Nigerian banks + mobile money operators
Avg Daily Transactions
~30M (2024)
Avg Daily Value
~NGN 2.6T
Availability
24/7/365
Notes

NIBSS launched the National Payment Stack (NPS) on August 11, 2026, as the ISO 20022-compliant successor to the legacy NIP system. NPS processed 26.55M transactions worth NGN 1.4T across 48 institutions in its initial rollout period. First Bank leads in transaction volume; Fidelity Bank leads in transaction value. NPS unifies payments, identity, and data onto a single multi-currency rail with cross-border capabilities. NIP continues to operate during transition. Pilot phase (June 2026) recorded 153,000 transactions before broader rollout.

Operations · NIP (NIBSS Instant Payment)

Operator telemetry for NIP (NIBSS Instant Payment) → Operations overviewReading is paused: ClearingPost is not reading this source now, and no current operator values are shown. The telemetry page explains the paused state and what it will show once reading starts.

Service condition
Status unclear: no current source readingAs of 29 September 2026, 02:07 UTC, ClearingPost had no current reading from NIBSS Status Page (NIP). ClearingPost has paused reading this source. This says nothing about the service of NIP (NIBSS Instant Payment).
Source (can ClearingPost read it?)
Reading pausedClearingPost has paused reading this source. This says nothing about the service of NIP (NIBSS Instant Payment).
Stored history
None stored yetStored once reading is enabled.
Monitoring mode
Operator telemetryThe operator publishes structured service metrics. Reading is paused: ClearingPost is not reading them now, and no current operator values are shown.
Page generated
When ClearingPost generated this assessment; not a read of the operator’s service. The operator’s own times are shown with each reading.
Latest authoritative update recorded
None recorded
Sources monitored
1

Absence of a public notice is not evidence that the system is running normally.

Source health — ClearingPost’s ability to read sources

Whether ClearingPost can read an operator’s published data. This is never a statement about the payment system’s service.

  • NIBSS · latest stored read none yet
    ClearingPost has paused reading this source until the format of the operator's published data has been verified. Nothing is read or shown until then. This says nothing about the service of NIP (NIBSS Instant Payment).

No operational events recorded for this system.

Intelligence for NIP (NIBSS Instant Payment) (2)

Coverage whose headline or summary names NIP (NIBSS Instant Payment), or names its operator or country together with its system type. Each item quotes that evidence and says whether the source is the NIP (NIBSS Instant Payment) operator or external.

Not listed here: 1 tagged article that does not mention NIP (NIBSS Instant Payment). All coverage is in Insights.