On 2 February 2026, the Central Bank of Nigeria published its Fintech Strategy Report, marking the first comprehensive review of Nigeria’s fintech regulatory framework since the Payment Systems Vision 2025 on 24 November 2022.
More significantly, the Report signals a move to a coordinated, technology-enabled approach to licensing, supervision, and market engagement, reshaping regulatory certainty, time-to-market, and pathways to scale.
This client alert highlights the reforms most likely to affect market entry, regulatory risk allocation, and cross-border expansion, and considers their practical implications for fintech operators, investors, and ecosystem participants as Nigeria enters its next phase of fintech development.
For further guidance, please contact TEMPLARS Partner, Zelda Akindele, Senior Associate, Victor Sameria and Associate, Pamela Ojiego.