Central Bank of Nigeria (CBN) issued a circular some years back advising banks and other financial institutions to take note of its stance as regards the trade of cryptocurrency. In that circular, dated January 12, 2017, the CBN seemed to have recognized the emergence of Virtual Currency Payment Products and [...]

The Central Bank of Nigeria (CBN) on 9 December 2020 published the Circular on New License Categorizations for the Nigerian Payment Systems (NLC Circular), which has made it easier to identify the licenses that apply to the Nigerian Payments System. Under the NLC Circular payments system licensing has been streamlined [...]

2020 has been an intriguing year with the effect of COVID-19 and its multifaceted impact on all spheres of life, both positively and negatively. While the negative impacts of COVID-19 cannot be underplayed, it has also played out positively in accelerating digital adoption journey across  divides, fostering re-thinking of business [...]

We had our  Social Meet 7.0 event in Lagos which had in attendance notable speakers across the finance and technology sectors. The event explored the topic “Strategic Readiness for 2021” and was an opportunity for stakeholders and industry players to discuss the developments in the fintech ecosystem, the impact of [...]

In line with the powers conferred on the Securities and Exchange Commission “SEC” “the Commission” by Section 13 of the Investment and Securities Act, 2007, the Commission recently issued a Statement on Digital Assets And Their Classification and Treatment “the Statement” to now regulate crypto-token or crypto-coin investments when the character of the [...]

In furtherance of its fintech educational goals titled – Fintech Learning Series, the Fintech Association of Nigeria in partnership with the Nigerian Institute of Chartered Arbitrators trained lawyers and arbitrators in Nigeria on Digital Skills 101 through Zoom on Saturday, 30th May 2020. The “New Normal” occasioned by COVID-19 pandemic and the [...]

Fintech Association of Nigeria was established in 2017 to foster an ecosystem that supports all stakeholders to achieve a thriving and growing Nigerian FinTech industry and to make Nigeria one of the world’s leading markets for FinTech Innovation and Investment. The Association continue to implement its three (3) year strategic [...]

Download the AgriKore Risk Review titled – Smart Farming: A Solution To Prevailing Hunger In Africa, A publication by Cellulant. Issue 1

The President of Fintech Association of Nigeria, Dr. Segun Aina and the Management led by Dr. Babatunde Obrimah in a bid to support its members and the ecosystem to weather the storm of economic and business impacts of COVID-19 and prepare them for post COVID-19 challenges and opportunities, engaged in [...]

Fintech Association of Nigeria was among the entities invited by the government of the United Kingdom to participate at the event that brought together key decision-makers, business moguls, influencers, top government functionaries, innovators and others in the UK and African circle to deliberate on the prospects of business and investment [...]