Microfinance Banks are mini banks licensed by the Central Bank of Nigeria (CBN) to carry on the business of microfinance services such as savings, loans, domestic fund transfers, and other financial services which they provide for their customers particularly the economically disadvantaged, subsistence farmers, artisans, micro-entrepreneurs, etc., and to a large extent unbanked people in...
66 Ndidem Usang Iso Road, Opposite Glo Office. Calabar, Nigeria
+234 706-544-3425, +234 802 806 8565
CBN FINTECH LICENSE REQUIREMENTS FOR INTERNATIONAL MOBILE MONEY REMITTANCE SERVICES
Following the growth and explosion of cell phone ownership and usage across Africa since 2002, the potential of mobile phones as not just a tool for communication, but as a tool for financial inclusion and promoting efficient payment systems cannot be ignored. This can be seen in the evolution of fintech companies focused on enabling...
We are a full – service law firm providing a comprehensive range of specialized corporate and commercial legal services. We strive for excellence in everything we do and pride ourselves on our in-depth knowledge and experience in several key sector. We are situated in Calabar, Nigeria.