Nigeria's Fintech Compliance Reckoning: NFIU Demands Intelligence Sharing as CBN Revokes 46 MFB Licences

Nigeria's fintech ecosystem is entering a compliance reckoning — regulators are no longer playing catch-up. The NFIU, CBN, and police cybercrime units are simultaneously demanding deeper transparency, enforcing hard consequences for misconduct, and reshaping how digital financial services operate across the country.

Evidence For

• The Nigerian Financial Intelligence Unit (NFIU) convened a high-level Lagos engagement with banks, fintechs, insurers, and Virtual Asset Service...