Nigeria undertook a Financial Sector Assessment Program (FSAP), which included a review of the structure of Nigeriaâ … Commission (NAICOM) of Nigeria can expand the objective to include the creation of a fair, safe, and stable insurance sector for …

in Nigeria. The assessment team reviewed the legal framework for banking supervision and held extensive discussions with … the staff of the Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC). It is assessed that … Nigeria has recorded significant improvement in its level of compliance with the BCPs, which is attributed to the enhancement …

Nigeria (CBN) should enhance further its work in improving cross-border supervision, including home-host coordination and …

KEY ISSUES Context. Nigeria has a large and diverse economy that has achieved a decade of strong growth, averaging 6 ….8 percent a year. However, Nigeria still lags peers in critical infrastructure and has high rates of poverty and income …

To assess the financial stability in Nigeria, various stress tests and analytic processes were undertaken jointly by …

credible exit strategy. The Central Bank of Nigeria (CBN) has a broad resolution toolkit, which was put to use during the … crisis to resolve the intervened banks. The Nigerian authorities set up the Asset Management Corporation of Nigeria (AMCON …