Nigeria's Central Bank Tightens Regulations On Banks

20 February 2013

As part of efforts to entrench risk management in banks, the Central Bank of Nigeria (CBN) on Tuesday said it has reviewed the risk weights assigned to some certain exposures in the banking industry.

The banking sector regulatory body said this in a letter with reference number: "BSD/DIR/GEN/LAB/06/003," dated January 31; a copy of which was posted on its website.

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