Nigeria Fintech & Mobile Money: Digital Lending, Crypto Regulation, and the ATM Comeback

FCMB raised its FastCash instant loan limit to ₦500,000, doubling access to unsecured digital credit for millions of Nigerians. The move targets the short-term credit gap for the country's 39 million MSMEs, where only about 4% have formal bank loans.

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The Central Bank of Nigeria's Payments System Vision 2028 proposed a new layer of transparency: allowing the bank to operate observer nodes in blockchain infrastructure supporting approved stablecoins. This is...