CBN Introduces Regulatory Tracks for Virtual Assets

By Oluwakemi Kindness The Central Bank of Nigeria (CBN) has introduced dedicated regulatory tracks for virtual assets and data-enabled financial services under the second cohort of its Regulatory Sandbox Programme. The programme, which opens for applications on Wednesday, August 12, will run until August 31, 2026. The CBN said in a statement signed by the […]
SEC Clears 7 Fintech Firms for Regulatory Sandbox

By Oluwakemi Kindness The Securities and Exchange Commission (SEC) has admitted seven fintech and digital asset companies into its Accelerated Regulatory Incubation Programme (ARIP), granting them Approval-in-Principle to operate within its regulatory sandbox framework. In a statement issued on Friday, the Commission says the move reflects its commitment to promoting financial innovation while ensuring investor […]
CBN Sets New Priorities to Strengthen Nigeria’s Fintech Ecosystem

By Oluwakemi Kindness The Central Bank of Nigeria (CBN) has outlined new policy priorities focused on regulatory coordination, stronger supervisory capacity and responsible, scalable innovation to sustain growth and protect the integrity of the country’s fintech ecosystem. In a new assessment report released on Monday, the apex bank said Nigeria’s fintech landscape has grown rapidly, […]