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Weekly Economic Index: The Naira s best in 5 years, CBN increases minimum capital, and Cellulant s exit

Weekly Economic Index: The Naira s best in 5 years, CBN increases minimum capital, and Cellulant s exit
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Payment solution service providerCentral bankNigerian naira

Central Bank of Nigeria withdraws Cellulant s mobile money licence

Cellulant asked the Central Bank of Nigeria to revoke its mobile money licence because it is focusing on payment solutions to enterprises.

Lakshay groverBolaji akinboroCellulant corporationPayment solution service providerCentral bankRise fundCellulant nigeria

Hundreds Of Digital Lenders Operate Illegally In Nigeria – FCCPC

Hundreds of digital lenders are still operating illegally in Nigeria, the Federal Competition and Consumer Protection Commission (FCCPC) has disclosed.

Babatunde irukeraEyowo integrated paymentsFincra technologiesPayment solution service providerFinancial technology fintechCentral bankConsumer protection commissionFederal competitionDigital money lendersFinancial technologyFincra technologies limited

Illegal loan apps use PSSPs to executive transactions - FCCPC

The Federal Competition and Consumer Protection Commission, FCCPC, has said several illegal digital money lenders (DMLs), known as loan apps, use wallets

Babatunde irukeraDeposit money bankPayment solution service providerConsumer protection commissionBank settlement systemFederal competitionChief executive officerNigeria inter bank settlement system

Illegal loan apps use PSSPs to executive transactions – FCCPC

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Azonuchechi chukwuBabatunde irukeraNigeria interbank settlement system plcConsumer protection commissionPayment solution service providerFederal competitionChief executive officerNigerian interbank payment

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