Tag: Banking Licence Upgrades
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CBN Approves National Banking Licence Upgrades for OPay, Moniepoint, Kuda
By Ashiru Taofeek Adewale The Central Bank of Nigeria (CBN) has upgraded the operating licences of several financial technology companies and microfinance banks (MFBs) to national status, formally authorising them to operate across all states of the federation. The upgrade was announced at the Committee of Heads of Banks’ Operations (CHBOs) conference held in Lagos,…