Nigeria Inter-Bank Settlement System Plc (NIBSS) was incorporated in 1993 and is owned by all licensed banks including the Central Bank of Nigeria (CBN). It commenced operations in June 1994. The company also operates the Nigeria Automated Clearing System (NACS) which facilitates the electronic clearing of cheques and other paper based instruments, electronic funds transfer, Automated Direct Credits and Automated Direct Debits.
Its obligations and Corporate Social Responsibility (CSR) in finding ways to improve financial literacy led to its sponsorship of the launch of BG financial literacy club in five Schools as part of plans to mark the Global money week.
LAGOS STATE LOTTERY BOARD
The Lagos State Lotteries Board (LSLB) is the pioneer gaming regulatory body in Nigeria. LSLB was established by the Lagos State Lotteries Laws Cap L89 2004 Laws of the Lagos State. It is responsible for regulating lotteries, sport betting, scratch card and interactive games, casino, gaming machines operations, pools betting, promotional competitions and other gaming activities within Lagos State. In its bid to create value and impact lives, NIBBS has made it possible for over 500 Students to be equipped with Financial Literacy skills from 24 schools across the six educational districts in Lagos State.
FIRST Exploration & Petroleum Development Company Limited (FIRST E&P) is a Nigerian oil and gas company that was established in 2011. It started formal business operations on the 1st of July, 2012. The Company believes that understanding and addressing the interest of communities where it carry out its activities is an important factor in maintaining a successful and sustainable business. In accordance with this, First E&P ensures that through its social performance strategy, neighbouring communities benefit from her presence on a sustainable basis. Funding the launch of Financial Literacy School Clubs in 5 schools in Lagos State in partnership with Best man Games Initiative is part of their commitment to impact Communities