Addressing the Unintended Consequences of De-Risking – Focus on Africa
SWIFT, the global provider of secure financial messaging services, has published this paper which includes …
Nigeria: Regulatory Framework for Bank Verification Number Operations and Watchlist for Financial System
On October 18, 2017, the Central Bank of Nigeria (CBN), as part of its general …
Nigeria: Central Bank Issues Revised Regulation for Direct Debit Scheme 2018
On March 14, 2018, the Central Bank of Nigeria (CBN) released the revised regulation for …
Nigeria: Central Bank Issues 2018 Regulation for Bill Payments
On March 14, 2018, the Central Bank of Nigeria (CBN) issued the 2018 Regulation for …
Nigeria: Revised Nigeria Bankers’ Clearing System Rules
On August 1, 2018, the Central Bank of Nigeria (CBN) published a circular on revised …
Nigerian Authorities Plot Mobile Money Rethink
Nigeria is planning an overhaul of its mobile money regulations as part of a financial …
Nigeria: New Anti-Money Laundering Sanctions Regime
On April 9, 2018, the Financial Policy and Regulation Department of the Central Bank of …
Nigeria: New Levy for Mobile Money Operators and Payment Service Providers
The Central Bank of Nigeria (CBN) has released a circular that states that all mobile …
Nigeria: Central Bank Seeks Feedback on Draft Cybersecurity Guidelines for Payment Service Providers
On June 25, 2018, the Central Bank of Nigeria (CBN) released a consultation on a …