Cellulant Exits Mobile Money Market as Central Bank of Nigeria Revokes License
The Central Bank of Nigeria (CBN) has officially revoked the mobile money license of Cellulant Nigeria, a subsidiary of Africa’s fintech pioneer, Cellulant Corporation. The revocation, which became effective on December 6, 2023, follows Cellulant’s strategic decision to exit the consumer-facing mobile money space and focus on providing payment solutions to businesses. According to a […]
