Regulatory Alerts2015-09-03 | OFISD-2-2015Circular to all Development Finance Institutions (DFIs): Licensing Requirement For Existing DFIs
The Central Bank of Nigeria (CBN) circulates a reminder to all Development Finance Institutions (DFIs) regarding licensing requirements. DFIs, whether established by an Act of the National Assembly or incorporated under CAMA, must obtain a license from the CBN and comply with the amended Regulatory and Supervisory Guidelines. The guidelines outline the licensing procedure, requirements, and fees for existing DFIs to obtain a license from the CBN.
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licensing