January 18, 2016/NDIC Following the introduction of mobile banking in Nigeria by the Central Bank of Nigeria (CBN) which issued operating licences to many deposit money banks (DMBs) and telecommunication companies to provide mobile banking services, the Nigeria Deposit Insurance Corporation (NDIC) has released deposit insurance guidelines on the mobile […]
Tag: Mobile Money Operators
CBN issues Feb’13 Deadline for Mobile Money Operators to connect National Central Switch
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) has issued a February 28 2013 deadline for all Mobile Money Operators (MMOs) to fully connect to the National Central Switch (NCS). This is contained in a Circular Number BPS/DIR/GEN/CIR/01/014 dated December 14 2012 and signed by Dipo Fatokun, […]
CBN issues Feb’13 Deadline for Mobile Money Operators to connect Central Switch
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) has issued a February 28 2013 deadline for all Mobile Money Operators (MMOs) to fully connect to the National Central Switch (NCS). This is contained in a Circular Number BPS/DIR/GEN/CIR/01/014 dated December 14 2012 and signed by Dipo Fatokun, […]