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THE SYSTEM

02

Fintech & Infrastructure

The infrastructure, policy, and economy powering Africa's digital growth — connectivity, fintech, logistics, energy, education.

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The Central Bank Draws a Line Through Nigeria's Biggest Fintechs — illustrative image
The System · Policy

The Central Bank Draws a Line Through Nigeria's Biggest Fintechs

New Central Bank of Nigeria rules cap how much of the payments market OPay, Moniepoint and PalmPay can each control — and force them to wall off their businesses from each other. It is the most consequential fintech regulation Nigeria has issued since the sector began, with deadlines that start landing this December.

Fintech & Infrastructure9 min85d agoPremium

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