CBN Points Out Open Banking Policies To Increase Competition

The Central Bank of Nigeria (CBN) has issued the regulatory framework for Open Banking in Nigeria to enhance competition and innovation in the banking system. It disclosed this in its ‘Operational guidelines for open banking in Nigeria’ released in May 2022. The guidelines said, “The Central Bank of Nigeria, hereafter called the Bank, had issued … Continue reading CBN Points Out Open Banking Policies To Increase Competition