With immediate effect, Payment Solution Service Providers (PSSPs), Super Agents (SAs), Switching Companies (Switches), and others are to be disconnected from outward payments on the NIBSS Instant Payment (NIP) platform.
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Policy & Regulations
Regulatory Compliance
December 11, 2023
Disconnecting Switching Companies, PSSPs, Super Agents, and Others from NIBSS Instant Payment (NIP) Outward Transfer Platform
Updates & Headlines
December 7, 2023
Infusion Lawyers contributes to the maiden edition of the Nigerian Business Regulatory Review (NBRR)
Regulations play a critical role in sectoral growth and development. When stakeholders, including policymakers, regulators, and innovators, get regulations right, this positively impacts a country’s level of growth, development, and competitiveness. This is one of the reasons we are delighted.. Read more
Blockchain Technology
December 5, 2023
The Need for a Rights-Based Approach to Cryptocurrency Regulation in Nigeria
by Jude Ayua, Associate Download PDF version here. Introduction Cryptocurrency adoption in Nigeria by the private sector came with legal, social, and economic implications as the government attempted—sadly unsuccessfully—to regulate the industry. While the Central Bank of Nigeria (Central.. Read more