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).

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.

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.

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 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.

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.

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.

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 Act repeals the National Health Insurance Scheme Act, Cap. N42, Laws of the Federation of Nigeria 2004 and enacts the National Health Insurance Authority Act to ensure effective implementation of a national health insurance policy that ensures the attainment of Universal Health Coverage in Nigeria.

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.

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 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.

These guidelines on Liquidity Coverage Ratio (LCR) ensure that banks hold sufficient tangential high-quality liquid assets (HQLA) to survive a 30-day stress period. The assumption is that 30 days is enough time for the bank’s management and the CBN to resolve any plausible instability in the bank.

These guidelines align the supervisory practice in Nigeria based on the Basel Committee on Banking Supervision (BCBS) Standards on Large Exposures and ensure a more consistent supervisory for large exposures in Nigeria.

These guidelines are designed in accordance with the Basel Committee for Banking Supervision (BCBS) Principles for Sound Liquidity Risk Management and Supervision. Their main objective is to ensure that banks meet their daily liquidity obligations.

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.

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.