CBN Revokes 7 Payment Service Providers’ Licenses

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The Central Bank of Nigeria CBN Revokes 7 Payment Service Providers’ Licenses for failures to comply obligation imposed on them according to Banks and Other Financial Institution Act BOFIA.

CBN Revokes 7 Payment Service Providers' Licenses

It was published on CBN website from Federal Republic of Nigeria Official Gazette.

The following payment service provided licenses were revoked:

CBN Revokes 7 Payment Service Providers’ Licenses
  1. Easifuel Ltd,
  2. Transaction Processing System,
  3. Grand Towers Ltd,
  4. Paymaster Ltd,
  5. E-Revenue Gateway Ltd,
  6. Eartholeum Network Ltd,
  7. Globasure Ltd.
Download CBN Official Gazette on Revocation of Licenses

READ: AIICO Insurance Rights Issue Subscribed 126%-Business Day

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