This guide specifies the standard for NUBAN account number advised to a customer of Deposit-Money-Banks in Nigeria.

This framework states the regulations for the operations of Payment Service Banks. The objective of the guide is to ensure transparency in their operations as well as ensuring adequate customer protection. The framework emphasizes corporate governance, risks management, and safety of funds to the consumers of the Payment Service Banks’ products.

These regulations aim to curtail terrorist activities in Nigeria. The overall theme of the regulations is to ensure financial institutions implement due diligence on customers: mandatory customer verification; reporting of a financial transaction; and sanctions for non-compliance.

This guide is designed to facilitate the effective management of risks associated with the Nigerian payments system. The objectives include identifying and addressing the main sources of systemic risks and ensuring effective risk management procedures in the payment system.

These guidelines by the Central Bank of Nigeria (CBN) are directed to all other financial institutions to have customers’ accounts linked with the customer’s Bank Verification Number and Tax Identification Number. The main objective of the guide is to strengthen credit risk management in the financial sector.

This policy document specifies the CBN’s monetary, credit, foreign trade and exchange policy guidelines for the fiscal year 2002. The policies were designed to align with the CBN macroeconomic and growth targets.

These guidelines outline the minimum capital requirement for operating a credit guarantee company; the corporate governance requirements; and other prudential requirements for credit guarantee companies in Nigeria. By providing these guidelines, the CBN hopes to reduce the barriers to credit to SMEs, e.g., collateral constraints.

This policy document specifies the CBN’s monetary, credit, foreign trade and exchange policy guidelines for the fiscal year 2002/2003. The policies were designed to align with the Federal Government’s Medium-Term Expenditure Framework (MTEF).

Open banking is a system of customer data sharing across banking and payment systems with the permission of customers. The objectives of these guidelines include: to improve security in the open banking system; to increase public access to banking and financial services; to improve customer experience in banking and financial services; and to increase efficiency in financial transactions. The guidelines outline the responsibilities of various stakeholders (e.g., customers and banks), data management procedures and rules on consent management, guidelines on consent management, and data management procedures.

This policy document specifies the CBN’s monetary, credit, foreign trade and exchange policy guidelines for the fiscal year 2004/2005. The policies were designed to align with the Federal Government’s Medium-Term Expenditure Framework (MTEF).

These guidelines on regulatory capital outline the criteria that banks’ capital instruments must satisfy based on the Basel III standards. It also provides the requirements for banks operating in Nigeria in relation to minimum regulatory capital, adjustments to the components of regulatory capital, transitional arrangements, disclosure requirements and the additional capital buffers above the minimum requirements.

This additional guideline mandates International Money Transfer Organizations operating in Nigeria to pay out remittances as received in foreign currency to beneficiaries to ensure transparency in remittance inflows.

These guidelines specify the Central Bank of Nigeria (CBN) requirements for the Leverage Ratio (LeR) and the public disclosure procedures for all licensed commercial, merchant, and non-interest banks in Nigeria.

These guidelines ensure banks perform an independent and complete forward-looking assessment of their exposed risks and approximate the internal capital requirement that adequately reflects their risk exposure, business strategy and risk tolerance.

This policy document specifies the CBN’s monetary, credit, foreign trade and exchange policy guidelines for the 2012/2013 fiscal year. The policies were designed to align with the Federal Government’s Medium-Term Expenditure Framework (MTEF).

These regulations repeal the 2013 AML/CFT regulations and aim to improve compliance with AML/CFT laws and prevent financial institutions from being used for financial crimes.

This policy document specifies the CBN’s monetary, credit, foreign trade and exchange policy guidelines for the 2012/2013 fiscal year. The policies were designed to align with the Federal Government’s Medium-Term Expenditure Framework (MTEF).

This document shows the various license categorisations for operators in the Nigerian Payment System. The four broad categories are Switching and Processing (PSSP), Mobile Money Operations (MMOs, Payment Solution Services (PSSs), and Regulatory Sandbox.

This policy document specifies the CBN’s monetary, credit, foreign trade and exchange policy guidelines for the 2010/2011 fiscal year. The policies were designed to align with the Federal Government’s Medium-Term Expenditure Framework (MTEF).

This document shows the various license categorisations for operators in the Nigerian Payment System. The four broad categories are Switching and Processing (PSSP), Mobile Money Operations (MMOs, Payment Solution Services (PSSs), and Regulatory Sandbox.