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Wireless

Nigerian central bank releases guidelines, framework for mobile money services

Tuesday 13 July 2021 | 10:26 CET | News
The Central Bank of Nigeria (CBN) has released its Regulatory Guidelines and Framework for Mobile Money Services, Vanguard reported. According to CBN, the introduction of mobile telephony in Nigeria and its rapid growth and adoption among other factors have underscored its decision to issue the framework, as it will create an enabling environment for the orderly introduction and management of mobile money services in Nigeria. It said the framework defines the regulatory environment as a policy path towards achieving availability, acceptance and usage of mobile payment services.

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Categories: Mobile & Wireless
Countries: Nigeria
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