Skip to content

Which companies just had a verified incident, who lends to them and who owns them. Every claim carries its evidence level and its source. How we decide what is confirmed

Global Financial Service Disruptions

Nigeria Central Switch (most likely NIBSS NIP)

clearing settlement · NG · Africa

UnexplainedStatus: resolvedTier 1Severity 2 of 5Evidence confidence: mediumAnalyst-verified

Third Central Switch failure in the window: Paystack reported inward Nigerian bank transfers failing on 4 Nov 2026 from 10:57 to 14:55 UTC.

First disruption
Nov 4 10:57 UTC
First public signal
unknown
Acknowledged
Nov 4 10:57 UTC
Restored
Nov 4 14:55 UTC
Duration
3.97 hours
DFX first recorded
Nov 5 14:58 UTC

What was restricted

instant paymentstransfers inScope: country wide

Inward transfers to Paystack Pay with Transfer and virtual accounts failing.

Cause, kept in separate layers

What the institution said
'Downtime with Bank Transfers', Central Switch
DFX classification
Unexplained (cyber: unconfirmed)

Evidence

Other restrictions at Nigeria Central Switch (most likely NIBSS NIP)