Tag: Payment Service

CBN Releases Guidelines For Payment Service Holding Companies
August 4, 2021 No Responses

CBN Releases Guidelines For Payment Service Holding Companies

The Central Bank of Nigeria (CBN) on Tuesday released guidelines for the establishment and regulation of Payments Service Holding Companies (PSHCs) in Nigeria.  A circular issued by Mr Musa Jimoh, CBN’s Director, Payments System Management Department instructed deposit money banks,...
read more
CBN Releases Supervisory Framework For Payment Service Banks
July 10, 2021 No Responses

CBN Releases Supervisory Framework For Payment Service Banks

The Central of Nigeria (CBN) has released the Guidelines for the Licensing and Regulation of Payment Service Banks (PSBs) in Nigeria. Information obtained in the apex bank’s website indicated that the guidelines was first issued in 2018 and revised in...
read more