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CBN Issues Guidelines, Regulation Of Payments Service Holding Companies

The Central Bank of Nigeria (CBN) on Tuesday issued guidelines for licensing and regulation of Payments Service Holding Companies (PSHCs) in the country. The new guidelines and regulation were contained in a circular issued by the apex bank to all Deposits Money Banks (DMBs), Payment Service Providers (PSBs) and Other Financial Institutions (OIFs). Specifically, the […]