 In business news, the Central Bank of Nigeria, CBN, has set new capital requirements for payment firms in the country. The CBN disclosed the capital requirement in a secular, titled New License Requirements for the Payment System. Now, for a firm to have a payment-terminal service provider license, they're required to have 100 million Naira shareholders' funds unaffected by losses. The CBN also retained superagents' license at 50 million Naira, switching and processing firms' license at 2 billion Naira, mobile money operators' license at 2 billion Naira, payment solutions services at 25 million Naira, and payment solutions service provider at 100 million Naira.