Friday , October 22 2021

Tag Archives: Musa Jimoh

CBN Announces N1 Million as Application Fee for Payments Service Holding Companies Licence

CBN Unveils Guidelines for Credit Guarantee Companies, Sets N10 Billion as Capital Base

Central Bank of Nigeria (CBN) has released guidelines for the establishment and regulation of payments service holding companies (PSHCs) in Nigeria. Musa Jimoh, CBN’s Director of Payments System Management Department announced this in a circular on Tuesday. The guideline requires companies that intend to offer both switching and processing, and …

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CBN Issues Guidelines for Non-Bank Acquiring, Operations

The Central Bank of Nigeria (CBN) has issued a regulatory framework for non-bank acquiring in Nigeria. It said this on Friday in a circular signed by the Director, Payments System Management Department, Musa Jimoh, and addressed to all deposit money banks, payment service providers and other financial institutions. According to …

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