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Nigeria Financial Services Shared IT Infrastructure & IT Standards Programme

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IT Standards Adoption Roadmap

A five year roadmap for banks to adopt the following standards at maturity level 3 is therefore proposed based on the priorities. It is recommended that compliance audits begin at the end of the prescribed periods.


Figure 1 - Recommended Adoption Timeline

 

Useful links

  1. Overview and Summary IT Standards for the Nigerian Financial Services Industry
  2. Target Maturity Levels
  3. Expected Impacts and Benefits
  4. Re-prioritised Industry IT standards
  5. IT Standards Adoption Roadmap
  6. IT Standards Governance and Interaction Model
  7. CBN IT Standards Council ToR
  8. IT Standards Blueprint


See Frequently Asked Questions on the IT Standards Blueprint

Facts : 1/1/1990
Guidlines for Licensed Banks:In 1990, the CBN introduced a set of Prudential guidelines for licensed banks which were complimentary to the capital adequacy requirement and statement of accounting standards. The guidelines spelt out the criteria to be adopted by banks in classifying non-performing loans.
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