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Nigeria Category: Payments
| Country | Nigeria |
| Regulator | Central Bank of Nigeria |
| Incorporation | 2021 |
| Licence | Payment Service Solutions (PSS) |
| Activities | PSSP: Payment Solution Service Provider, PTSP: Payment Terminal Service Provider, Super Agent |
This acquisition is one of the few viable routes into Nigeria’s regulated payments market and the only path to compliant payment operations at scale in Africa’s largest economy, as the CBN no longer issues this license from scratch.
This clean, debt-free Nigerian PSS company, authorized since 2021, is the only legitimate shortcut to launching regulated payment gateway, agency banking, POS, and merchant acquiring operations in Nigeria and broader West Africa.
PSSP: Payment Solution Service Provider, PTSP: Payment Terminal Service Provider, Super Agent
CBN licenses are granted to specific corporate entities and cannot be transferred independently from the company. The acquisition of the entire company — including all issued shares and corporate history — is the only compliant mechanism to obtain CBN regulatory standing. Buyers must engage qualified Nigerian legal and regulatory counsel to structure the transaction correctly.
Why can’t I just apply for a new CBN license?
The CBN has closed new applications for the PSS license category. Acquisition of an existing licensed entity is the only compliant route to obtain this authorization.
What exactly is included in the acquisition?
The full company, all issued shares, complete corporate history, and the active CBN PSS license.
Is the company debt-free?
Yes. No liabilities, no trading assets, no obligations of any kind.
What are the three license components?
PSSP (payment gateway and processing), PTSP (POS terminal deployment), and Super Agent (cash deposits, withdrawals, bill payments, and funds transfers).
What are the next steps after enquiry?
Coincub provides the full diligence pack including CBN authorization documents, incorporation certificates, share register, and compliance history upon receipt of a signed NDA.
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