Law & Regulation

Banks and Other Financial Institutions Act (BOFIA) 2020

NigeriaBanking & FinanceIn Force

Federal framework statute governing licensing, regulation and supervision of banks and other financial institutions in Nigeria, administered by the Central Bank of Nigeria.

Legal Framework Position

  • Banking & FinancePrimary / Framework Instrument

Instrument Overview

Instrument Type
Law / Act
Source Language
English
Last Verified
10 September 2026