Nigeria: Publication of Financial Sector Assessment Program Documentation––Detailed Assessment of Compliance of the Basel Core Priciples for Effective Banking Supervision

Publication Date:

May 28, 2013

Electronic Access:

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Summary:

The assessment of the implementation of the Basel Core Principles (BCP) was conducted for effective banking supervision in Nigeria. The assessment team reviewed the legal framework for banking supervision and held extensive discussions with the staff of the Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC). It is assessed that Nigeria has recorded significant improvement in its level of compliance with the BCPs, which is attributed to the enhancement of the supervisory capacity of Nigerian banking system supervisors.

Series:

Country Report No. 2013/146

Subject:

English

Publication Date:

May 28, 2013

ISBN/ISSN:

9781484363287/1934-7685

Stock No:

1NGAEA2013008

Pages:

153

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