Nigerian financial sector compliance directory — Acts, Regulations, Guidelines and Circulars from PenCom, CBN, NAICOM, SEC and NDPC.
Reinforces the 2021 directive (cb-b5-08) against rejecting older or lower-denomination US dollar notes.
Updates the procedure for deposit money banks depositing foreign currency cash with CBN branches in Lagos and Abuja.
Discontinues the mandatory use of the CBN Price Verification System Portal for import valuation.
Introduces measures to improve naira liquidity available for settling diaspora remittance payouts.
Revises the 2018 cybersecurity framework (cb-14) with updated governance, incident-reporting and resilience standards for DMBs and PSBs.
Major overhaul of the BDC sector: licensing tiers, capital requirements, permissible activities and supervisory expectations.
Guidance to banks and financial institutions on collecting and remitting the National Cybersecurity Levy under the Cybercrimes (Prohibition, Prevention, etc.) (Amendment) Act 2024.…
Raised minimum capital (paid-up plus share premium only) to ₦500bn for commercial banks with international authorisation, ₦200bn national, ₦50bn regional; ₦50bn merchant; ₦20bn/₦10…
Prudential guidance addressing how banks should treat the balance-sheet impact of recent FX and recapitalisation policy reforms.
Sets the criteria and process for blacklisting fraudulent debtors and staff across the banking and OFI sector.
Imposes mandatory reporting obligations on authorised dealers for foreign exchange transactions.
Establishes requirements for foreign currency cash pooling arrangements for repatriated oil and gas export proceeds. Later removed by the March 2026 circular (cb-b4-07).
This vault is a monitoring aid, not legal advice; always confirm against the regulator's official publication.
