supervision

CBN Lists Benefits of Digitisation To Banking Supervision

CBN Lists Benefits of Digitisation To Banking Supervision

The Central Bank of Nigeria (CBN) has said digitisation supports effective supervision of the financial system, data access and management.

The CBN Deputy Governor, Financial System Stability (FSS) and Chairman, FITC Board, Mrs. Aisha Ahmad (CFA), disclosed this during the opening of the 2019 CBN/FITC Continuous Education Programme for Directors of Banks and Other Financial Institutions held in Lagos.

The Deputy Governor was represented by the Director, Banking Supervision Department, CBN, Mr. Ahmad Abdullahi at the event.

Speaking on the theme: β€œDigital Transformation – Repositioning Financial Institutions: Perspectives and Imperatives for the Board,” she said the world was experiencing a