Progress

Current status
under deliberation
26 Jun 2025 under deliberation

Scope

Implementers
Nigeria
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation, registration and licensing, nes
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
legislature
Government Body
parliament
Implementation Level
national

Timeline of events

26 Jun 2025
under deliberation

Fintech Regulatory Commission (Establishment) Bill, 2025 was introduced to House of Representatives

On 26 June 2025, the Fintech Regulatory Commission (Establishment) Bill, 2025 was introduced to the House of Representatives. The Bill applies to all financial technology (fintech) firms operating in Nigeria. It was stated that the sector is current…

Event type law
Action type introduction
Government branch legislature
Government body parliament