financial regulations

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3Articles
Mercury Bank logo - Impact on African startups
Category Startups

Overcoming Banking Barriers: What’s Next for African Founders Amid Stringent Financial Regulations

Explore the impact of stringent financial regulations on African founders. Learn how recent banking challenges, including Mercury’s account closures, are shaping the future for startups in Africa and what steps can be taken to navigate these barriers.

Published on 1 min read
Virtual Assets Service Providers Guidelines
Category legal Basics

An Overview of the VASP Guidelines

In late December 2023, the Central Bank of Nigeria (CBN) released guidelines on the operations of bank accounts for Virtual…

Published on 1 min read
NIBBS Directive to Disconnect PSSPs and Super Agents
Category legal Basics

NIBSS Directive to Disconnect PSSPs and Super Agents

On the 5th of December 2023, the Nigeria Interbank Settlement Scheme (NIBSS) released a Directive to Disconnect Switches, Payment Solution…

Published on 2 min read