The Central Bank of Nigeria (CBN) has mandated the enrolment of other financial institutions (OFIs) on the credit risk management system (CRMS). CBN gave the directive in a circular published on its website and signed by Chibuzo Efobi, Director, Financial Policy and Regulation Department. CRMS is the practice of mitigating losses by understanding the adequacy … Continue reading CBN Sets Aug 1 For Enforcement Of Credit Risk Regulations