International records / OpenAlex research

Financial regulatory Architcture in Nigeria: A cusory review

Nigeria’s financial regulatory architecture plays a critical role in maintaining financial stability, promoting market integrity, protecting consumers, and fostering economic growth. However, the increasing complexity of financial markets, technological innovation and the emergence of digital financial services have exposed significant challenges within the existing regulatory framework. This article critically examines the legal and institutional architecture governing financial regulation in Nigeria, with particular emphasis on the mandates, powers, and interactions of the Central Bank of Ni…