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USD/NGN 1,327.68 ▾0.1%GBP/NGN 1,753.58 ▾0.5%USD/NGN black market ₦1,384GBP/NGN black market ₦1,876EUR/NGN 1,496.30 ▾0.7%JPY/NGN 8.41 ▾0.5%CAD/NGN 932.85 ▾0.2%

CBN raises regulatory questions over non-banks offering instalment credit

The Central Bank of Nigeria (CBN) has raised questions over the growing use of “pay small small” schemes by non-bank businesses to offer credit to customers. The post CBN raises regulatory questions over non-banks…

Aggregated · originally by Nairametrics
26 Sept 2026, 19:03 WAT · 3 min read
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Nairametrics

The Central Bank of Nigeria (CBN) has raised questions over the growing use of “pay small small” schemes by non-bank businesses to offer credit to customers. The post CBN raises regulatory questions over non-banks…