Inside the compliance sprint that reshaped Nigeria’s fintech sector

Nigeria cleared the full 19-point plan and exited the FATF grey list in October 2025 but the CBN has maintained regulations that directly affect fintechs.

CBN revokes licences of NowNow, Sycamore, Creditville, OurPass and Casha Microfinance Banks

The Central Bank of Nigeria has revoked the operating licences of 46 microfinance banks, including fintech-linked NowNow, Sycamore, Creditville, OurPass and Casha.

Nigeria holds rates at 27% to cement inflation wins

The decision effectively rules out further rate adjustments until at least 2026, pivoting away from the surprise cut delivered in September—the first in five years.

Nigeria’s Central Bank holds rates thrice in a row

"The decision was premised on the need to sustain the momentum of dis-inflation and contain price pressures," Cardoso said