Nigeria moves to create single powerful regulator for fintechs with proposed bill


Nigeria’s House of Representatives, the 360-member lower chamber of the National Assembly, is considering a bill sponsored by Hon. Fuad Kayode Laguda, a Lagos State representative, to establish the Nigerian Fintech Regulatory Commission (NFRC), a single authority that would licence and regulate all fintechs in the country.


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Nigeria moves to create single powerful regulator for fintechs with proposed bill

Nigeria’s House of Representatives, the 360-member lower chamber of the National Assembly, is considering a bill sponsored by Hon. Fuad Kayode Laguda, a Lagos State representative, to establish the Nigerian Fintech Regulatory Commission (NFRC), a single authority that would licence and regulate all fintechs in the country.

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