Who can issue e-money in Nigeria?
17 entities are on the official Central Bank of Nigeria register under the Nigeria licence category this dataset maps to e-money issuance ("Mobile Money Operator Licence Category") — issuing stored value and holding the customer float under that licence. Other institutions (e.g. licensed banks) may hold customer funds under separate authority. The full, source-linked list is below.
Maintained: this official source is re-checked on a weekly schedule — last checked 2026-08-24 · unchanged since the previous check.
“E-money issuance” here is the normalized activity: Issue stored-value / electronic money redeemable at par and hold the customer float. The category of licence that lets a provider keep customers' money.
Activity id (as used by the Afriset MCP): fintech:EMONEY_ISSUE
Mobile Money Operator Licence Category
Central Bank of Nigeria · 17 entities · source not dated- Abeg Technologies Limited
- Chams Mobile
- eTranzact International Limited
- Fortis Mobile Money Limited
- Funds And Electronic Transfer (FETS) Limited
- Hedonmark Management Services Limited
- KongaPay Technologies Limited
- Mkudi Limited
- NowNow Digital Systems Limited
- Opay Digital Services Limited
- Pagatech Limited
- PalmPay Limited
- Parkway Projects Limited
- Teasy International Company Ltd
- Visual ICT Limited
- VTNetwork Limited
- Xpress MTS Limited
Source: Central Bank of Nigeria
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