Browsing Tag

Payment Service Banks (PSB)

CBN issues ‘Approval-in-Principle’ to MTN, Airtel for PSB services

Okafor Endurance Nov 6, 2021 0

Telecommunication operators’ push to offer mobile money services in Nigeria has made yet another progress as the Central Bank of Nigeria (CBN) on Thursday issued MTN Nigeria and Airtel…

Financial Inclusion

Will it take CBN 1 year to issue PSB license?

Endurance Okafor Jun 5, 2019 0

It is over seven months now since the Central Bank of Nigeria (CBN) released an exposure draft in October 2018 in which it proposed Payment Service Banks (PSB) aimed at deepening financial…