Financial Sector Assessment Program (FSAP) Nigeria - Detailed Assessment of Compliance of the Basel Core Principles for Effective Banking Supervision

This assessment reviews the legal framework, both general and specifically related to the financial sector, and conducts a detailed examination of the policies and practices of the institutions responsible for banking supervision. In line with the Basel Core Principles (BCP), the assessment focused more on major commercial banks and their regulation and supervision, given their importance to the system.