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SEC Issues New Framework To Central Securities Depositories

SEC Issues New Framework To Central Securities Depositories       The Securities and Exchange Commission has issued an interoperability/financial infrastructure link framework among central securities depositories to enhance the efficiency of trading, settlements and aligning the market with international best practices. SEC said in a statement on Sunday...

CBN Releases Framework To Boost e-payment Adoption

CBN Releases Framework To Boost e-payment Adoption         The Central Bank of Nigeria (CBN) has released the Framework for Regulatory Sandbox Operations that would promote seamless adoption of electronic payment across the country. The new framework will also ensure the safety and stability of the financial system,...

NIRSAL MFB Gets Framework For N75bn Youth Fund Disbursement

NIRSAL MFB Gets Framework For N75bn Youth Fund Disbursement       The Central Bank of Nigeria has released the framework for NIRSAL Microfinance Bank to commence the disbursement of the N75bn Nigeria Youth Investment Fund. It said this in its statement titled ‘Framework for the operation of the...

CBN Unveils Framework To Check Payment System Risks

CBN Unveils Framework To Check Payment System Risks   The Central Bank of Nigeria on Monday released the Nigerian Payments System Risk and Information Security Management Framework to guide the management of risks associated with the payment system in Nigeria. The framework which had already been approved...

USSD Framework: CBN Postpones Implementation Date

USSD Framework: CBN Postpones Implementation Date   the central bank of nigeria has extended the start date for the implementation of the regulatory framework for use of unstructured supplementary service data in the country’s financial system. The implementation of the framework was initially scheduled to start on...