Nigerian RTGS joins Swift
Nigeria yesterday became the 20th African country to join the Society for Worldwide Interbank Financial Telecommunication, or Swift – the global platform that allows financial institutions to safely send and receive information about transactions – taking the country a step closer to realising its ‘Payment System Vision 2020' (PSV2020), a plan launched in 2007 with the purpose of aligning Nigeria's financial market infrastructure with internationally recognised principles.
The adoption of Swift
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