2018-05-08 | BPSD/DIR/GEN/CIR/05/017The Central Bank of Nigeria (CBN) has issued an exposure draft of the Nigerian Payments System Risk and Information Security Management Framework to guide the management of risks associated with the country's payment systems. The framework aims to identify and address sources of systemic risk, establish sound governance arrangements, and set clear rules and procedures for risk management. It also emphasizes the importance of allocating adequate resources and integrating risk management into decision-making processes.