Regulating Innovation for Financial Inclusion: Lessons from Nigeria

Ezechukwu, Nwanneka Victoria (2021) Regulating Innovation for Financial Inclusion: Lessons from Nigeria. Journal of African Law. ISSN 0021-8553

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Innovative services like mobile payments are potentially transformative because they can increase access to financial services, especially in developing countries. However, such innovations can disrupt the financial services ecosystem which prompts regulators to respond in different ways. These regulatory responses often have a significant impact on the take-off of such innovative services. Using Nigeria's regulatory approach as a case study, this article highlights specific lessons which should inform future attempts at regulating mobile payments.

Item Type: Article
Identification Number:
9 November 2020Accepted
5 August 2021Published Online
Uncontrolled Keywords: mobile payments, financial inclusion, Central Bank of Nigeria, regulation, mobile network operatorsm, m-pesa, payment service banks
Subjects: CAH16 - law > CAH16-01 - law > CAH16-01-01 - law
Divisions: Faculty of Business, Law and Social Sciences > School of Law
Depositing User: Nwanneka Ezechukwu
Date Deposited: 25 Nov 2020 10:18
Last Modified: 03 Mar 2022 15:54

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