Central Bank of Nigeria (CBN) Compliance & Licensing

The Central Bank of Nigeria (CBN) maintains a highly rigorous enforcement environment for all financial operations. We provide end-to-end legal advisory and regulatory liaison services to help traditional institutions and innovative fintechs secure licenses, navigate strict mandates, and mitigate operational risk.

Market Concentration Audits: Analyzing merchant-acquiring and consumer card-issuing portfolios to ensure your business remains strictly within the CBN’s market dominance caps, alongside handling your mandatory monthly returns.
AML/CFT/CPF Frameworks: Designing and auditing automated risk-scoring systems, politically exposed persons (PEP) screening protocols, and continuous transaction monitoring mechanisms.
Payment App Security Controls: Implementing legal and operational frameworks to meet strict application rules, including the single-device activation policy and 24-hour transaction caps for new users.
CBN Representation & Enforcement Defense: Acting as your direct legal liaison during CBN audits, resolving regulatory queries, and defending against compliance citations or operational penalties.

Regulatory Licensing & Market Entry: Structuring applications and securing operational licenses for Commercial Banks, Microfinance Banks, Mobile Money Operators (MMOs), and Payment Service Providers (PSPs).
Corporate Structure & Firewalling: Advising on complex corporate restructuring—including Holding Company (HoldCo) models—to legally separate traditional banking assets from high-growth fintech subsidiaries.
Data Localisation Compliance: Auditing your cloud infrastructure and transition roadmaps to ensure all transaction logs, user profiles, and financial data are completely hosted on domestic servers ahead of the 1 January 2027 deadline.

Our Services Include

Secure Your Banking & Fintech Structure in Nigeria
Ensure your financial licenses, payment systems, and data infrastructure are backed by absolute regulatory compliance.

Schedule a Compliance Consultation

LONDON OFFICE

Advisory & Consultation
London, United Kingdom

QUICK LINKS

Cross-Border Corporate, Real Estate & Energy Regulatory Advisory

Email:clientservices@ewekaandassociates.com

ABUJA OFFICE

Regulatory Chambers
Abuja, Nigeria

LEGAL DISCLAIMER & NOTICES
Eweka & Associates is a premium legal advisory firm formally registered and constituted under the laws of the Federal Republic of Nigeria. This digital portal is provided strictly for institutional reference and educational commentary; it does not constitute or establish a formal lawyer-client relationship
SCN No: 025909 | SRA ID: 469725