Nigeria: Central Bank of Nigeria adopted circular introducing systemic oversight measures in payments system including market structure requirements
Description
Central Bank of Nigeria adopted circular introducing systemic oversight measures in payments system including market structure requirements
On 15 June 2026, the Central Bank adopted a circular introducing systemic oversight measures in Nigeria's payment system, including market structure requirements to limit concentration in the Nigerian payments system. The requirements apply to depos…
Scope
Policy Area
Competition
Policy Instrument
Unilateral conduct regulation
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
central bank