Coverage
Eight regulatory bodies. Hundreds of circulars and directives. One consolidated view of what applies to your product.
8
Agencies monitored
Quarterly
Coverage expansion
Regulatory bodies
8
Frameworks tracked
24+
Alert latency
<2h
Coverage status
Live
Primary Nigerian regulators
Central Bank of Nigeria
The primary licensing and supervisory authority for payment institutions, MFBs, PSBs, and all deposit-taking entities.
We track every circular, policy letter, consultation paper, and enforcement action. CBN regulation is the single highest-impact framework for most Nigerian fintechs.
What we cover
Nigeria Data Protection Commission
Nigeria's data protection regulator, overseeing the Nigeria Data Protection Act 2023 and its implementing guidelines.
Every fintech that collects, processes, or stores Nigerian citizen data is a data controller under NDPA — which means NDPC compliance isn't optional.
What we cover
Securities & Exchange Commission
Regulates capital markets, investment products, and digital assets including virtual assets and crypto platforms.
SEC's digital assets framework is among the most actively evolving in Nigeria's regulatory landscape — and one of the most consequential for crypto, DeFi, and tokenised asset platforms.
What we cover
Federal Inland Revenue Service
Nigeria's tax authority, increasingly active on digital economy taxation including VAT on digital services and BEPS implementation.
Finance Acts have introduced material VAT obligations on digital service providers that many fintechs underestimate — particularly those with B2C SaaS components or cross-border remittance volumes.
What we cover
Nigerian Communications Commission
Telecoms regulator with significant fintech implications through USSD pricing, SIM-based KYC, and telco-fintech partnership rules.
USSD-based payment services and mobile wallet providers have direct NCC obligations. The NCC-CBN interface is particularly complex for fintechs with telco partnerships.
What we cover
Economic & Financial Crimes Commission
Primary AML enforcement agency with prosecutorial powers over financial crime. Enforcement actions increasingly target digital platforms.
We monitor EFCC enforcement actions, prosecution trends, and guidance that signals what patterns are drawing investigative scrutiny — so you can address them before they become an issue.
What we cover
Corporate Affairs Commission
Governs company incorporation, beneficial ownership registration, and corporate structure requirements relevant to licensing applications.
CAC compliance is often the overlooked foundation of CBN and SEC licensing applications — incorrect corporate structure or missing beneficial ownership declarations cause application delays.
What we cover
Financial Action Task Force
International AML/CFT standard-setter. FATF recommendations form the basis of Nigeria's NFIU framework and are prerequisite for correspondent banking relationships.
Nigeria's periodic FATF grey-list status makes FATF alignment critical — correspondent banks and international partners scrutinise your FATF posture during due diligence.
What we cover
On the roadmap
Coverage expanding quarterly. These frameworks are next in line.
Ghana BoG
Bank of Ghana PSP licensing and e-money issuer frameworks for West Africa expansion
Q3 2026
Kenya CBK
Central Bank of Kenya payment service provider licensing, including M-Pesa API compliance
Q3 2026
UK FCA
FCA EMI and PI authorisation for Nigerian fintechs with UK operations or fundraising
Q4 2026
Not every framework applies to every business. Request access and we'll map your specific obligations in the intake process.
Request early access