Finance Business

CBN Proposes Stricter Oversight Framework for Banks, Fintechs and Financial Groups

The Central Bank of Nigeria (CBN) has unveiled a new regulatory framework aimed at strengthening oversight of banks, fintechs and other closely linked financial institutions operating within the country’s financial system. The proposed framework, contained in the Exposure Draft Guidelines on Ring-Fencing Operations of Closely Linked Entities in the Nigerian Financial System, seeks to establish […]