CBN creates new unit to tackle bank risks, protect customers

Tribune OnlineCBN creates new unit to tackle bank risks, protect customersThe Central Bank of Nigeria (CBN) has set up a new Compliance Department to improve supervision of financial institutions and strengthen the fight against risks in the banking sector. The department, which started operations in the second quarter of 2025, will now handle areas that were previously managed by different CBN units. According to Olubunmi

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