A major landmark achievement had been made in the nation's e-payment system, following the completion of the Nigeria Central Switch (NCS) project by the Nigeria Inter-Bank Settlement System (NIBSS), a body set up in 1993 by the Bankers Committee. With this development, all payment cards issued by banks in Nigeria will be accepted on all acceptable devices deployed in the country.

A draft legislation to back Nigeria's banking reforms initiated by Governor of the Central Bank of Nigeria (CBN), Lamido Sanusi, scaled the Second Reading in the Senate, a week after it suffered an initial setback.