{"id":487880,"date":"2026-01-27T14:20:25","date_gmt":"2026-01-27T14:20:25","guid":{"rendered":"https:\/\/www.financialafrik.com\/en\/2026\/01\/27\/nigeria-central-bank-expands-licenses-of-major-fintechs-nationwide\/"},"modified":"2026-01-27T14:20:33","modified_gmt":"2026-01-27T14:20:33","slug":"nigeria-central-bank-expands-licenses-of-major-fintechs-nationwide","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2026\/01\/27\/nigeria-central-bank-expands-licenses-of-major-fintechs-nationwide\/","title":{"rendered":"Nigeria: Central Bank expands licenses of major FinTechs nationwide"},"content":{"rendered":"

The Central Bank of Nigeria (CBN) has upgraded the regulatory status of several major FinTechs and microfinance banks, a decision that expands their scope of operations nationwide while subjecting them to stricter supervision requirements. Opay, Moniepoint Microfinance Bank, Kuda Bank, Palmpay, and Paga are among the institutions affected, according to a CBN official. These companies,... <\/p>\n

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The Central Bank of Nigeria (CBN) has upgraded the regulatory status of several major FinTechs and microfinance banks, a decision that expands their scope of operations nationwide while subjecting them to stricter supervision requirements. Opay, Moniepoint Microfinance Bank, Kuda Bank, Palmpay, and Paga are among the institutions affected, according to a CBN official. These companies,…... <\/p>\n

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Log in here<\/a><\/div><\/div><\/div>","protected":false},"author":527297,"featured_media":487882,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"https:\/\/www.financialafrik.com\/2026\/01\/27\/nigeria-la-banque-centrale-elargit-les-licences-de-grandes-fintechs-a-lechelle-nationale\/","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[16158,16068,12038],"tags":[],"class_list":{"0":"post-487880","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bank","8":"category-fintech-telecom","9":"category-premium-en","10":"pmpro-level-required","11":"pmpro-level-1","12":"pmpro-level-3","13":"pmpro-level-4","14":"pmpro-level-5","15":"pmpro-level-6","16":"pmpro-level-7","17":"pmpro-no-access"},"yoast_head":"\nNigeria: Central Bank expands licenses of major FinTechs nationwide - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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