• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News

CBN says Judiciary’s support is critical to the implementation of BOFIA 

Ubah Jeremiah Ifeanyi by Ubah Jeremiah Ifeanyi
October 13, 2021
in Business News
Central bank increases Interest rates to 4.2%
Share on FacebookShare on TwitterShare on Linkedin

The assistance of the judiciary, according to the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, is crucial to the full operationalisation and implementation of the Banks and Other Financial Institutions Acts (BOFIA).

This was revealed by Emefiele at the 2021 Judges Workshop on Recent Reforms in Nigeria’s Banking and Financial Services Sector – BOFIA 2020 in Focus.

According to Emefiele, the workshop focused on BOFIA 2020’s key provisions and the importance of economic thinking in judicial decision-making.

RelatedStories

CBN, forex

CBN clarifies NRBVN charges, says BVN enrolment remains free for Nigerians in Nigeria 

July 7, 2025
10 African Central Banks exploring digital currencies in 2025 

10 African Central Banks exploring digital currencies in 2025 

July 4, 2025

What the CBN Governor said

Emefiele, who was represented by Aisha Ahmad, the Deputy Governor for Financial System Stability, said the judiciary must evolve as well, adopting digital transformations and considering the broader goal of fostering growth and economic development in order to adjudicate cases in the financial sector with credibility.

Speaking on the side, Aisha said: “The provisions actually addressed a number of issues that strengthen stability, confidence of market users, and the market conduct which is very important.

“There has been a lot of innovation in the financial system and this has brought up different types of institutions that are providing financial services.

“It is important as we celebrate this innovation. Those that use the financial system have confidence that market conduct is strong. There is consumer protection, and there is fairness in how these services are delivered.”

In case you missed it

Vice President Yemi Osinbajo has expressed disappointment in the Central Bank of Nigeria’s delay in disbursing funding for essential projects in the Economic Sustainability Plan.

Tags: Banks and Other Financial Institutions ActsBOFIACBNCentral Bank of Nigeria
Ubah Jeremiah Ifeanyi

Ubah Jeremiah Ifeanyi

For further inquiries about this article, contact: Email: Ifeanyi.ubah@nairametrics.com Twitter: @ubahjc Linkedln: Jeremiah Ubah

Related Posts

CBN, forex
Financial Services

CBN clarifies NRBVN charges, says BVN enrolment remains free for Nigerians in Nigeria 

July 7, 2025
10 African Central Banks exploring digital currencies in 2025 
Economy

10 African Central Banks exploring digital currencies in 2025 

July 4, 2025
CBN, forex
Breaking News

Court upholds CBN-backed NIBSS Authority to manage BVN Database nationwide 

July 4, 2025
Currencies

IMF commendation sparks strong gains for Naira across parallel, official markets 

July 3, 2025
CBN, forex
Financial Services

Credit to Private sector slips marginally to N77.83 trillion in May 2025 despite surging money supply 

July 3, 2025
IMF, Import restrictions
Economy

IMF backs CBN’s tight monetary policy to curb inflation

July 2, 2025
Next Post
Kano state governor sends N33 billion supplementary budget to State House of Assembly

Kano state governor sends N33 billion supplementary budget to State House of Assembly

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • FG begins free nationwide training to upskill vocational teachers across Nigeria 
  • Heirs Technologies’ i-Academy graduates 100 emerging tech talents 
  • CBN clarifies NRBVN charges, says BVN enrolment remains free for Nigerians in Nigeria 

Follow us on social media:

Recent News

FG inaugurates 25-member committee to establish Nigerian Education Data Initiative 

FG begins free nationwide training to upskill vocational teachers across Nigeria 

July 7, 2025
Heirs Technologies’ i-Academy graduates 100 emerging tech talents 

Heirs Technologies’ i-Academy graduates 100 emerging tech talents 

July 7, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics