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Apr 19
Nigeria has a pro-innovation stance on the provision of payment services and fintech services and products targeted at its unbanked and underserved population – which is arguably the highest in the world when compared to other countries across the globe1.
This tone was set in 2010 by the Central Bank of Nigeria (“CBN”), the apex regulator of financial services (including payment services) in Nigeria and subsequently followed, in September 2013, with the policy document known as Payments System Vision 2020.