The Central Bank of Nigeria (CBN) has published the Nigeria Payments System Vision 2028 (PSV 2028), setting out a strategic roadmap for the transformation of Nigeria’s financial infrastructure into a secure, inclusive, and interoperable payments ecosystem.
Anchored on innovation, trust, and collaboration, PSV 2028 focuses on the modernisation of Nigeria’s payment system, regulatory strengthening, innovation in emerging technologies, and enhanced cross-border payment integration, with significant implications for banks, fintechs, and payment service providers across the financial services ecosystem.
Our article distils the key implications of PSV 2028 for market participants across the financial services ecosystem.
