Investor Presentaiton
Key regulatory and policy interventions
CBN increased MPR by
150bps to 13.0% to
curb further rise in
inflation
CBN issued a circular on
the enrolment of Other
Financial Institutions
(OFIS) on the Credit Risk
Management System
(CRMS)
Interest rates on all CBN
intervention facilities
reverts to 9% per annum
Digital Financial Literacy exposure
draft issued to improve
standards, align product
development, consumer
awareness and enhance
transparency and disclosures
CBN introduces Naira Redesign Policy
(#200, 500, and #1000 notes) and
revised cash withdrawal limits. The old
and new notes serve as legal tender
till December 2023
Q2 2022
Q3 2022
Appendix
CBN issues draft guidelines for
contactless payments in Nigeria
Tenure of Executive Management
and Non-Executive Directors of
DMBS revised
Q4 2022
Q1 2023
CBN released the
guidelines for the
registration and
operation of Bank
Neutral Cash Hubs
(BNCH) in Nigeria to
improve cost and
efficiency in cash
management value
chain
CBN issued a circular on
the enrolment of Other
Financial Institutions
(OFIS) on the Credit Risk
Management System
(CRMS)
Access to the CBN
discount window
modified for successful
participants of the foreign
exchange auction and
government securities
bids
CBN increased MPR
by 350bps to 16.5%
Savings deposit rate
revised to 30% of MPR
(i.e., 4.2%) effective
August 1, 2022
CBN has issued new guidelines for the
licensing of banks and Other financial
institutions on implementation of
provisions of the AML/CFT/CFP*
regulations
CBN issued two regulations regarding the
engagements of Super Agents and Guidelines
for Agent Banking relationships
CBN increased MPR to 18%, 150bps
higher than the previous quarter
*Anti-Money Laundering, Combating the Financing of Terrorism and Countering Proliferation of Weapons of Mass Destruction
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