Cardoso: Rising volume of non-bank transactions threatens financial stability in West Africa
The Central Bank of Nigeria (CBN) governor, Yemi Cardoso, has raised concerns about the growing transaction volumes of Non-Bank Financial ...
Tag: Other Financial Institutions
CBN set criteria for Other Financial Institutions’ enrolment in Credit Risk Management System
The CBN has stated that OFIs must meet certain requirements set by the apex bank to be enrolled in the ...
CBN releases new guidelines for OFIs, orders inclusion of NUBAN code or face sanctions
The CBN has directed Other Financial Institutions (OFIs) to adopt the compulsory Nigeria Uniform Bank Account Number (NUBAN) or face sanctions.
