Regulatory Alerts2011-12-22 | BPS/PSP/GEN/CIR/02/004Added · Updated
Circular to All Mobile Scheme Operators
The Central Bank of Nigeria has directed all mobile payment scheme operators that telecommunication companies should not advertise on behalf of any operator nor tie their operations to a specific network. Customers must be able to operate the system from any telecom network. Failure to adhere to this directive will result in appropriate sanctions, up to revoking already granted licenses.
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