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July 12, 2021
In an effort to reflect the current operational realities of Mobile Money Operators (MMOs) in Nigeria, the Central Bank of Nigeria (CBN), on 09 July 2021, issued an updated Regulatory...
June 23, 2021
The Central Bank of Nigeria (CBN) recently issued the Guidelines on Shared Services which apply to financial institutions (including Fintech companies). Specifically, the Guidelines regulate the shared services arrangements within...
June 23, 2021
The Securities and Exchange Commission (SEC) recently created a new category of operators in the capital market by creating a new licence category for Digital Sub-Brokers. This move is in...
June 7, 2021
In 2020, the Central Bank of Nigeria (CBN) issued the Circular on New Licence Categorisation for Nigerian Payments System wherein the CBN signaled that the scope of permissible activities of...
May 26, 2021
Following the Central Bank of Nigeria (CBN)’s issuance of a Circular on the New Licence Categorisation for the Nigerian Payments System in December 2020, the apex bank has now published...
April 23, 2021
Due to the absence of a definitive regulatory framework on digital banking in Nigeria, Fintechs have devised alternative means for offering certain banking services. As Microfinance banks (MFBs) are permitted...
March 23, 2021
On 12 March 2021, the Association of Licensed Telecommunications Operators of Nigeria (ALTON) announced plans to withdraw all Unstructured Supplementary Services Data (USSD) services from financial service providers (FSPs1) citing...
March 16, 2021
The National Information Technology Development Agency (NITDA) recently announced an extension of the deadline for companies to file data protection audit reports with NITDA to 30 June 2021 (from 15 March 2021).In...
March 3, 2021
“At Olaniwun Ajayi LP, we believe in enabling partnerships, and are happy that our Technology, Innovation and Fintech team has been part of the implementation of the strategic partnership between...
December 11, 2020
In furtherance of the objective and commitment to promote a strong and credible payment system in Nigeria, the Central Bank of Nigeria (CBN) on 9 December 2020 published the Circular...
July 12, 2021
In an effort to reflect the current operational realities of Mobile Money Operators (MMOs) in Nigeria, the Central Bank of Nigeria (CBN), on 09 July 2021, issued an updated Regulatory...
June 23, 2021
The Central Bank of Nigeria (CBN) recently issued the Guidelines on Shared Services which apply to financial institutions (including Fintech companies). Specifically, the Guidelines regulate the shared services arrangements within...
June 23, 2021
The Securities and Exchange Commission (SEC) recently created a new category of operators in the capital market by creating a new licence category for Digital Sub-Brokers. This move is in...
June 7, 2021
In 2020, the Central Bank of Nigeria (CBN) issued the Circular on New Licence Categorisation for Nigerian Payments System wherein the CBN signaled that the scope of permissible activities of...
May 26, 2021
Following the Central Bank of Nigeria (CBN)’s issuance of a Circular on the New Licence Categorisation for the Nigerian Payments System in December 2020, the apex bank has now published...
April 23, 2021
Due to the absence of a definitive regulatory framework on digital banking in Nigeria, Fintechs have devised alternative means for offering certain banking services. As Microfinance banks (MFBs) are permitted...
March 23, 2021
On 12 March 2021, the Association of Licensed Telecommunications Operators of Nigeria (ALTON) announced plans to withdraw all Unstructured Supplementary Services Data (USSD) services from financial service providers (FSPs1) citing...
March 16, 2021
The National Information Technology Development Agency (NITDA) recently announced an extension of the deadline for companies to file data protection audit reports with NITDA to 30 June 2021 (from 15 March 2021).In...
March 3, 2021
“At Olaniwun Ajayi LP, we believe in enabling partnerships, and are happy that our Technology, Innovation and Fintech team has been part of the implementation of the strategic partnership between...
December 11, 2020
In furtherance of the objective and commitment to promote a strong and credible payment system in Nigeria, the Central Bank of Nigeria (CBN) on 9 December 2020 published the Circular...