CBN issues revised PSB licensing guidelines and approves three operators
Central Bank of Nigeria issued Regulatory guideline revision and license approval affecting Moneymaster PSB Limited, 9PSB Limited, Hope PSBank Limited on August 1, 2020.
- Primary
- Central Bank of Nigeria
- Counterparty
- Moneymaster PSB Limited, 9PSB Limited, Hope PSBank Limited
- Structure
- Regulatory guideline revision and license approval
- Date
- August 1, 2020
- Sub-sector
- Payments
CBN revised Payment Service Bank guidelines to drive financial inclusion in rural Nigeria, licensing three PSB operators to expand access to deposit, payment, and remittance services.
Source: thisdaylive.com