
Central Bank of Nigeria
Guidelines for Licensing and Regulation of Payment Service Banks in Nigeria
- Author
- Central Bank of Nigeria
- Year
- 2020
- Pages
- 16 pages
These guidelines establish the framework for licensing, operating, supervising, and regulating Payment Service Banks in Nigeria. They aim to expand financial inclusion by enabling secure, technology-driven, high-volume, low-value payment, remittance, savings, and withdrawal services, particularly in rural and underserved areas. The guidelines address licensing approvals,…