Reps move to establish fintech regulatory commission
[NigerianEye - Nigeria] - 28/10/2025
A bill seeking to establish the fintech regulatory commission has passed the second reading at the house of representatives. Sponsored by Fuad Laguda, an All Progressives Congress (APC) lawmaker representing Surulere I federal constituency of Lagos state, scaled the second reading during Tuesday’s plenary. Leading the debate on the bill, Laguda said the commisison will oversee and regulate the rapid-growing fintech industry in Nigeria. “The need for this regulation has grown exponentially in recent years, with millions of Nigerians relying on digital payment platforms, mobile money (…)
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