CBN limits the activities of mobile money services in Nigeria, no foreign currency deposits
The guidelines issued by the Central Bank of Nigeria, CBN allows for operations of mobile money services in Nigeria. However, it limits MMOs to certain …
Tag: Mobile Money
CBN excludes telcos as mobile money operators in Nigeria
Mobile money operations have become increasingly important in Nigeria to maintain financial inclusion, robust transactions and promote economic efficiency. The CBN has now introduced a …
CBN on reducing the cost of cross-border payments through mobile money under AfCFTA
CBN is looking for solutions to enhance mobile money and cross-border payments under AfCFTA. Some of the content of the financial inclusion newsletter which the …