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Nigeria’s central bank publishes first fintech report

Inaugural edition focuses on how current regulatory frameworks impact innovation

Nigerian naira

The Central Bank of Nigeria (CBN) has published its inaugural annual fintech report in a bid to promote digital finance and position the country as a sectoral leader in the region.

The 37-page report, published on February 2, puts together insights from CBN surveys, roundtables with industry participants and closed-door stakeholder workshops to identify trends in Nigeria’s fintech sector. It also proposes a list of policy recommendations.

“The findings illuminate both our progress and the gaps we

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