CBN Operational Guidelines for Licensing and Regulation of Payment Services Holding Companies



On December 9, 2020, the CBN communicated new licence re-categorizations in

the Nigerian Payments System to prevent co-mingling of payment services,

enhance risk management measures and improve the efficiency of the Nigerian

Payments System.

This brief highlights salient provisions of the operational guidelines for the

licensing and regulation of Payment Services Holding Companies (PSHC) in

Nigeria (“the Guidelines”).



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Assessing The Impact Of COVID-19 On Employment Relationships

The spread of the novel coronavirus (COVID-19) across the globe is a significant concern in the work environment. In Nigeria, businesses that provide non-essential services have been forced to shut down while those that provide essential services have to deal with operational challenges as the general economic environment continues to contract. Restrictions of movement and ban on gatherings limit productivity ...

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Assessing the Impact of the EU General Data Protection Regulation (GDPR) on Businesses in Nigeria.


In Europe, processing of personal data and the free movement of such data is currently governed by the 1995 European Directive (95/46/EC) (the Directive). Effective May 25, 2018, the Directive will be replaced by the General Data Protection Regulation (GDPR) which will be directly applicable throughout the EU without requiring implementation by ...

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