Tag: Payments System

By Lukman Amusa Mr Musa Jimoh Director, Payments System Management Department, of the Central Bank of Nigeria (CBN) said Mobile Money Operators (MMOs) are to maintain a minimum of N2 billion capital base, They have…

The Central Bank of Nigeria (CBN), in line with its commitment to promote a strong and credible payment system, has approved new license categorizations for the payments system. A circular…