Bank regulation in Nigeria from 1990 till date?

1990:

- The Central Bank of Nigeria (CBN) introduced the Universal Banking System, which allowed banks to offer a wider range of financial services, including investment banking, insurance, and mortgage lending.

- The CBN also introduced the Risk Management Framework, which required banks to establish and maintain an adequate risk management system to identify, measure, and manage risks.

1991:

- The CBN issued the Prudential Guidelines for Banks and Other Financial Institutions, which set out the minimum capital and liquidity requirements for banks and other financial institutions.

1992:

- The CBN introduced the Foreign Exchange Market, which allowed banks to trade foreign currencies.

- The CBN also introduced the Inter-Bank Call Money Market, which allowed banks to borrow and lend money between themselves.

1993:

- The CBN issued the Guidelines on Corporate Governance for Banks and Other Financial Institutions, which set out the principles of good corporate governance for banks and other financial institutions.

- The CBN also introduced the Credit Bureau, which provided credit information to banks and other financial institutions.

1994:

- The CBN introduced the Automated Clearing House (ACH), which allowed banks to electronically clear payments and deposits.

1995:

- The CBN issued the Guidelines on Electronic Banking, which set out the requirements for banks and other financial institutions to provide electronic banking services.

- The CBN also introduced the Real Time Gross Settlement (RTGS) system, which allowed banks to settle payments in real time.

1996:

- The CBN introduced the Nigeria Inter-Bank Settlement System (NIBSS), which is a centralised system for clearing and settling payments between banks.

1997:

- The CBN issued the Guidelines on Microfinance Banks and Other Financial Institutions, which set out the requirements for microfinance banks and other financial institutions.

- The CBN also introduced the Credit Risk Management Framework for Banks and Other Financial Institutions, which set out the requirements for banks and other financial institutions to manage their credit risk.

1998:

- The CBN issued the Guidelines on Non-Interest Banking, which set out the requirements for banks and other financial institutions to offer non-interest banking products and services.

1999:

- The CBN introduced the Banking Supervision Framework, which set out the requirements for the CBN to supervise banks and other financial institutions.

2000:

- The CBN issued the Guidelines on Risk Management for Banks and Other Financial Institutions, which set out the requirements for banks and other financial institutions to manage their risks.

- The CBN also introduced the Credit Bureau of Nigeria (CBN), which is a centralised system for collecting and disseminating credit information.

2001:

- The CBN issued the Guidelines on Corporate Governance for Banks and Other Financial Institutions, which set out the principles of good corporate governance for banks and other financial institutions.

2002:

- The CBN introduced the Bank Verification Number (BVN), which is a unique identifier for each bank account holder in Nigeria.

- The CBN also introduced the Risk-Based Supervision Framework, which allows the CBN to tailor its supervision of banks and other financial institutions based on their risk profiles.

2010:

- The CBN introduced the Nigerian Electronic Funds Transfer (NEFT) system, which is a real-time gross settlement system for electronic funds transfers.

2011:

- The CBN introduced the Mobile Money Guidelines, which set out the requirements for banks and other financial institutions to offer mobile money services.

2012:

- The CBN issued the Guidelines on Financial Inclusion, which set out the CBN's strategy to promote financial inclusion in Nigeria.

2013:

- The CBN introduced the Credit Reporting System (CR