Monday, 29th November 2021

CBN’s hammer on Fintech Startups and the implications on the ecosystem

By Guardian Exclusive
14 September 2021   |   9:26 am
New regulation requirements by the Central Bank of Nigeria (CBN) could make it difficult for some fintech companies to operate. In a draft policy document, CBN recognized products by fintech companies are “gaining acceptance” but argued their emergence would heighten existing risks in the financial system.