Central Bank of Nigeria (CBN)
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The Central Bank of Nigeria is the regulatory authority overseeing financial institutions and services in Nigeria, including fintech operations.
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MTN targets Nigeria’s lending market as it seeks fintech licences
TechCabal - Jun 10, 2026
MTN is seeking regulatory approvals to expand its fintech arm into lending across Africa, focusing on Nigeria. The company aims to capture a larger share of Africa's underserved credit market, where 80% of Nigerian MSMEs lack formal credit access.
MoMo PSBCentral Bank of Nigeria (CBN)National Credit Guarantee Company (NCGC)NigeriaMTN Group
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