What the Electricity Act 2023 Means for the Electricity Market and Stakeholders in Nigeria.

On 9th June 2023, President Bola Ahmed Tinubu signed the Electricity Act 2023 into law. Notwithstanding all the steps taken by previous governments and administrations, the Nigerian power sector continues…

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How to Obtain a Payment Solution Service Providers Licence in Nigeria

Introduction A Payment Solution Service Providers (PSSP) licence is a financial licence within the payments system which is issued by the Central Bank of Nigeria (CBN). A PSSP licence authorizes…

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An Overview of the Central Bank of Nigeria Exposure Draft Guidelines on Contactless Payments in Nigeria

On 25 October 2022, the Central Bank of Nigeria (CBN) released the Exposure Draft Guidelines on Contactless Payments in Nigeria (the Guidelines). The Guidelines were released by CBN in line…

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