Culled—Proshare 6/10/2018/ FSDH Here is the monthly Economic and Financial Market Outlook Report for the month of October 2018 from FSDH for your information. The major highlights of the report: Domestic Scene: The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) maintained all the policy rates at […]
Money Market
CBN Publishes Guidelines For Licensing and Regulation of Payment Service Banks in Nigeria
Culled—Proshare 5/10/2018/CBN In an effort to promote financial inclusion and enhance access to financial services for low income earners and unbanked segments of the society through leveraging on technology, the Central Bank of Nigeria (CBN) is proposing the establishment of Payment Service Banks. This is in furtherance of its mandate […]
CBN Proposes N5bn Capital Requirement For Payment Service Banks
Culled—-Proshare October 8, 2018/CBN CBN Publishes Guidelines For Licensing and Regulation of Payment Service Banks in Nigeria Banking agents, Mobile Money Operators (MMOs), Retail chains (Supermarkets), Telecommunications companies (Telcos), which through their subsidiaries, desire to convert to Payment Service Banks (PSBs) should have a minimum capital requirement of N5 billion, […]
