Lawmakers Move To Create Fintech Regulatory Body Amid Rapid Industry Growth

A bill seeking to establish the Fintech Regulatory Commission has passed its second reading at the House of Representatives. The proposed legislation, sponsored by member representing Surulere I Federal Constituency of Lagos State, Fuad Laguda aims to provide a comprehensive legal and regulatory framework for Nigeria’s rapidly expanding financial technology industry. Leading the debate on the general Principles of the bill, Laguda noted that millions of Nigerians now depend on […]