Afriset Fintech

Nigeria

Everything Afriset holds on fintech regulation in Nigeria: who's licensed for each activity, the cross-border money-movement rules, and the regulators — normalized and dated to official sources.

Licence registers

Who's licensed in Nigeria, per licence type — provider counts, source and last-checked date.

E-money issuance

Licence category Regulator Providers Source date Last checked
Mobile Money Operator Licence Category Central Bank of Nigeria 17 not dated 2026-08-04

Payment processing

Licence category Regulator Providers Source date Last checked
Switching & Processing Licence Category Central Bank of Nigeria 19 not dated 2026-08-04
Payment Solution Service Provider (PSSP) Authorisation Central Bank of Nigeria not yet ingested not dated 2026-08-04

Cross-border remittance

Licence category Regulator Providers Source date Last checked
International Money Transfer Operators (IMTO) Central Bank of Nigeria 108 not dated 2026-08-04

Payment switching

Licence category Regulator Providers Source date Last checked
Switching & Processing Licence Category Central Bank of Nigeria 19 not dated 2026-08-04

Cross-border rules for Nigeria

What may move across the border, and under what rule — 8 recorded rules. Rules, not rates.

See the cross-border rulebook →

Answers

Regulators