Federal Character
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
Federal Character
No Result
View All Result
Home News

CBN to Test Innovations with Loan Apps and Start-ups

Somto NwanoluebySomto Nwanolue
December 12, 2022
in News
0
CBN to Test Innovations with Loan Apps and Start-ups
Share on FacebookShare on TwitterShare on Whatsapp

Nigeria’s apex bank, the Central Bank of Nigeria, CBN, has announced plans to meet with digital lenders, application developers, start-ups, and fintech providers to identify innovations that will enhance financial inclusion.

In a circular signed by the apex bank’s Director, Payments System Management Department, and titled; ‘Regulatory Sandbox: Invitation to Apply’, the central bank called for applications from new and existing innovators on or before February 1, 2023.

The Sandbox will allow innovators to test their innovations, and encourage innovative solutions that will enhance the design and delivery of payment and financial services in the country.

The circular in part reads, “Applicants are mandated to complete the electronic application form and ensure that all fields are duly completed. Please note that incomplete submissions will not be considered.”

“Applicants are also reminded that providing false or misleading information in the application process may result in the refusal of the application, subsequent cancellation of the registration process, and/or further regulatory actions.”

Tags: cbnNigeria’s apex bankthe Central Bank of Nigeria
Somto Nwanolue

Somto Nwanolue

Somto Nwanolue is a news writer with a keen eye for spotting trending news and crafting engaging stories. Her interests includes beauty, lifestyle and fashion. Her life’s passion is to bring information to the right audience in written medium

Related Posts

After Louvre Heist, Thieves Hit Another French Museum
News

After Louvre Heist, Thieves Hit Another French Museum

October 23, 2025
US Troops on Standby In Anticioation of Massive, Coordinated Anti-Trump Protests
News

US Troops on Standby In Anticipation of Massive, Coordinated Anti-Trump Protests

October 18, 2025
Blood Spills in Peru as Gen Z Fights a Broken System
News

Blood Spills in Peru as Gen Z Fights a Broken System

October 22, 2025
Next Post
Hoodlums Raze PDP Campaign Office in Gombe State

Hoodlums Raze PDP Campaign Office in Gombe State

Davido’s Cousin, Sina Rambo and Wife Split.

Davido's Cousin, Sina Rambo and Wife Split.

Nobody Prosecuted For Deborah’s Murder, ex NERC Boss Exclaims.

Nobody Prosecuted For Deborah's Murder, ex NERC Boss Exclaims.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Olayinka Reacts to Making History as the European Games Leading Goal scorer

Olayinka Reacts to Making History as the European Games Leading Goal scorer

3 years ago
Egypt’s Inflation Cools for Fourth Month, But Bread Price Hike Looms

Egypt’s Inflation Cools for Fourth Month, But Bread Price Hike Looms

1 year ago
Senegal Commences Short Election Campaign

Senegal Commences Short Election Campaign

2 years ago
Nigerian Woman in Canada Advocates for Harm Against South-Westerners and Edo People

Nigerian Woman in Canada Advocates for Harm Against South-Westerners and Edo People

1 year ago

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

Topics

2023 Aboki/Bureau De Change (BDC) apc Arsenal buhari Business cbn chelsea china court Davido Dollar Efcc Election Entertainment Euro and Pounds To Naira Exchange Rate For Today exchange rates for the Nigerian Naira (NGN) Fashion federal character federal government Finance food Football Foreign News government health inec Israel lagos Manchester United Naira Naira Black Market exchange rates News Nigeria pdp police Politics president protest Russia Sports tinubu trump ukraine US
No Result
View All Result

Highlights

Release Sowore or Face Mass Protests, Tinubu Government IS Warned

Baltimore City Police Who Stole $215k Retains Pension

APC’s New Apostle: Amupitan Says God Sent Him to Fix Elections

Dangote Group Disowns Killer Truck in Ondo Crash

Messi has commit to Miami signing a new contract extension till 2028

Why Making Music in Nigeria is Expensive — Bella Shmurda Speaks

Trending

October Onslaught: Naira Free-Falls as Dollar, Euro, Pound Tighten the Noose
Business & Finance

October Onslaught: Naira Free-Falls as Dollar, Euro, Pound Tighten the Noose

byEriki Joan Ugunushe
October 24, 2025
0

The Nigerian Naira has been dealt yet another humiliating blow in the black market, as foreign currencies—particularly...

Why Hawaii Is Not Part Of NATO

Why Hawaii Is Not Part Of NATO

October 23, 2025
The Sound of Resistance: Plastic Whistles Become an Unlikely Anti-ICE Tool in Chicago

The Sound of Resistance: Plastic Whistles Become an Unlikely Anti-ICE Tool in Chicago

October 23, 2025
Release Sowore or Face Mass Protests, Tinubu Government IS Warned

Release Sowore or Face Mass Protests, Tinubu Government IS Warned

October 23, 2025
Baltimore City Police Who Stole $215k Retains Pension

Baltimore City Police Who Stole $215k Retains Pension

October 23, 2025

We launched Federal Character in February 2021 based on the belief that the world is in need of smarter and more efficient reporting of events shaping our rapidly changing world. We pledged to put our audience first, always.

Recent News

  • October Onslaught: Naira Free-Falls as Dollar, Euro, Pound Tighten the Noose
  • Why Hawaii Is Not Part Of NATO
  • The Sound of Resistance: Plastic Whistles Become an Unlikely Anti-ICE Tool in Chicago

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

© 2024 FederalCharacter.com

No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion

© 2024 Federalcharacter.com