Nigeria: Central Bank Consults on Regulation for Efficient Operation of Indirect Participants of Payments System
On November 7, 2018, the Central Bank of Nigeria (CBN) released an exposure draft on …
African Regulators In Search Of Harmony Strike Discordant Tone
Attempts to harmonise gambling rules in Africa are hampered by language barriers and a lack …
Nigeria: Central Bank Consults on Guidelines for Licensing and Regulation of Payment Service Banks
On October 5, 2018, the Central Bank of Nigeria (CBN) launched a public consultation on …
Nigeria: Central Bank Consults on Regulatory Requirements for Non-Bank Merchant Acquiring
On September 7, 2018, the Central Bank of Nigeria (CBN) launched a public consultation, seeking …
Nigeria: Central Bank Publishes Circular on Instant (Inter-Bank) Electronic Funds Transfer Services
On September 13, 2018, the Central Bank of Nigeria (CBN) published Circular BPS/DIR/GEN/CIR/05/011, establishing the …
Mobile Money in Africa: A Market and Regulatory Perspective
For the payments and telecoms industries, Africa has become synonymous with mobile money and mobile …
Nigeria: Implementation of Cash-Less Policy
The Central Bank of Nigeria (CBN) has released a circular on the cash-less policy, which …
Nigeria: New Rules for International Money Transfers
The Central Bank of Nigeria (CBN) has published a circular detailing the requirement that all …
Nigeria: Parliament Approves Financial Intelligence Unit Bill
The National Assembly approved and passed the conference committee report on the Nigeria Financial Intelligence …