Legal And Regulatory Compliance In Nigeria’s Financial Technology Sector: Navigating Licensing, Consumer Protection, And Cybersecurity Obligations
Nigeria’s fintech sector is governed by an overlapping network of financial, consumer-protection, data-protection and cybersecurity rules. This article examines the licensing obligations that determine lawful market entry, the duties owed to digital-finance consumers, and the cybersecurity and privacy controls required of fintech operators. It argues that sustainable fintech regulation depends on integrating compliance into product design, governance and operational risk management rather than treating it as a post-launch regulatory exercise.
