PSB
9 Jul 2021
The Central Bank of Nigeria (CBN) has released a supervisory framework for payment service banks (PSBs) to streamline their operations and deepen financial inclusion.
7 Jan 2019
The multi-prong approach to achieving the set target of including 80 per cent of the country’s adult population in the financial system come 2020, is gaining traction, as the initiatives, led by the Central Bank of Nigeria (CBN) recorded improved numbers and affirmation, shortly before the end of last year. The confidence-building information, contained in…
14 Dec 2018
Airtel Nigeria is to set up a Payment Service Bank (PSB) in Nigeria, that would help to deliver mobile banking services to its teeming customers, according to Segun Ogunsanya, its managing director. According to him, Airtel will apply for the PSB license through a subsidiary which is in line with guidelines to establishing a PSB,…