Central Bank of Nigeria’s (CBN) governor Godwin Emefiele
Stakeholdersin the information and communications technology and financial technology have tasked regulatory institutions in the sectors on providing appropriate regulatory framework for technological disruption of traditional ways of services in the country.
They urged Central Bank of Nigeria (CBN) and Nigerian Communications Commission (NCC) to rise to the task of providing the much needed regulatory framework required for Nigerians to benefit from the waves of technological disruption of banking services among others occasioned by mobile phone based services.
This is coming against the backdrop of emergence of FinTech startups providing banking services through smartphones as well as CBN outright rejection of…
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