Regulatory Alerts2026-06-11 | FPR/DIR/PUB/CIR/001/017Exposure Draft of The Revised Guidelines for Licensing and Regulating Financial Holding Companies In Nigeria
The Central Bank of Nigeria issued an exposure draft of revised guidelines to strengthen the regulatory oversight and operational effectiveness of Financial Holding Companies. The proposed revisions mandate a minimum 51% equity stake in subsidiaries, clarify capital requirements, and restrict shared services to prevent undue advantage over banking units. Stakeholders are invited to submit comments on these changes, which also streamline organizational structures and enhance governance standards, by July 9, 2026.
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