Cardoso Wants Regulations Tightened To Strengthen Resilience Of Fintech, Non-Banking Financial Institutions

Nigeria’s Central Bank Governor, Olayemi Cardoso is calling on financial regulators in West Africa to tighten regulations of fintech and Non-Bank Financial Institutions (NBFIs) in a bid to ensure financial system stability across the region.

The apex bank governor said this on Monday at the meeting of the College of Supervisors for Non-Bank Financial Institutions of the West African Monetary Zone.