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.

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 aim to set out the minimum requirements for Liquidity Coverage Ratio (LCR) for reporting institutions in the Nigerian banking sector. The LCR aims to improve the short-term resilience of the liquidity risk profile of reporting institutions.

The purpose of this framework is to clarify Non-Bank Acquiring as a regulated service in Nigeria and to establish the minimum standards and requirements for the operations of Non-Bank Acquiring in Nigeria.

These guidelines update the 2016 Guidelines on Operations of Electronic Payment Channels in Nigeria. It covers electronic payments such as standards on ATM technology and specification and point-of-sale card technology.

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.

This policy document specifies the CBN’s monetary, credit, foreign trade and exchange policy guidelines for the fiscal year 2014/2015. The policies were designed to align with the Federal Government’s Medium-Term Expenditure Framework (MTEF).

These guidelines outline new licence categorisations for companies operating in the Nigerian payments system. The operators affected include Mobile Money Operations, Switching and Processing, Payment Solution Services, and any other activity as may be approved by the CBN.

This policy document specifies the CBN’s monetary, credit, foreign trade and exchange policy guidelines for the fiscal year 2016/2017. The policies were designed to align with the Federal Government’s Medium-Term Expenditure Framework (MTEF).

This document requires other financial institutions to comply with existing credit management system. Specifically, that all customer account must adhere to the 10-digits number requirements.

The objectives of the credit guarantee scheme include to improve access to credit for SMEs, to reduce credit risk in lending, promote flexible collateral requirements, and to improve risk management in the financial sector.