2018-09-27 | BSD/DIR/GEN/LAB/11/019 /4The Central Bank of Nigeria outlines capital requirements for non-interest financial institutions, focusing on operational risk. Two methods are provided: the Basic Indicator Approach (BIA) and the Standardized Approach (TSA). NIFIs must initially adopt the BIA and can transition to the TSA with CBN approval. The TSA categorizes business activities into eight lines, each with a specific weight for calculating capital requirements.