Nigeria: CBN Insists On Bank-Led Mobile Banking

9 December 2016

Lagos — The Central Bank of Nigeria (CBN) has reaffirmed its preference for a bank-led digital financial services rather than what is obtained in other climes where telecommunications companies are the major providers of such services.

Godwin Emefiele, the CBN Governor, disclosed the position of the apex bank, while responding to questions at a one-day summit on realising the potentials of digital financial services in Nigeria organised by Businessday in Lagos yesterday.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.