Tag: PSPs
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CBN revokes licenses of seven PSPs, one switch service provider
The Central Bank of Nigeria (CBN) has revoked the licenses of seven Payment Service Providers (PSPs) and one switch service provider, who were unable to meet up with their statutory obligations. An official Gazette, obtained from CBN’s official website stated that the affected PSPs are; Easifuel Limited, Transaction Processing System (TPS), Grand Towers Limited, Paymaster…