Section A: Preliminary Points on PSSP Licence in Nigeria As digital payment transactions continue to rise in Nigeria, interested investors  need to know what licence is suitable for their business model and the requirements for getting regulatory approval to enter the Africa’s most populous country and arguably the biggest market. According to the Nigeria Inter-Bank Settlement Systems (“NIBSS”), the total of payment transactions consummated over digital platforms has risen to N38.7 Trillion as at January 2023. The astronomical rise in electronic payments was boosted by the 2022 Cash Withdrawal Limit policy of the Central Bank of Nigeria (“CBN”) which forced … Continue reading HOW TO SET UP A PAYMENTS SOLUTION SERVICE PROVIDER (PSSP) COMPANY IN NIGERIA