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Payments System Guidelines

Payments System Guidelines


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PSM/DIR/GEN/EXP/01/001
Exposure Draft on the Regulation for the Operation of Indirect Participants in the Payments System Published 11/6/2018

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PSM/DIR/GEN/EXP/01/002
Exposure Draft for the Revised Standards on Nigeria Uniform Bank Account Number (NUBAN) Scheme for Banks and Other Financial Institutions in Nigeria Published 11/6/2018

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BPS/DIR/GEN/CIR/05/012
Circular on the Exposure Draft of New CBN Licensing Regime (Licence Tering) for Payment System Providers Published 10/15/2018

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BPS/DIR/GEN/CIR/05/002
Circular on the Revised Nigerian Cheque Standard (NCS) and Nigerian Cheque Printers Accreditation Scheme (NICPAS) Published 9/21/2018

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BPS/DIR/GEN/CIR/05/011
Regulation on Instant (Inter-Bank) Electronic Funds Transfer Services in Nigeria Published 9/14/2018

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PSM/DIR/GEN/CIR/01/003
Exposure Draft of Regulatory Requirements for Non-Bank Merchant Acquiring in Nigeria Published 9/7/2018

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BPS/DIR/GEN/CIR/05/007
Amendment To The Regulatory Framework For Bank Verification Number Operators and Watchlist For The Nigerian Banking Industry Published 7/10/2018

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BPS/DIR/GEN/CIR/05/009
Shared Agency Network Expansion Fund Initiative: Regulatory Data Rendition Requirements Published 7/5/2018

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BPS/DIR/GEN/CIR/05/008
Compliance with the Cybercrime (Prohibition, Prevention, etc.) Act 2015: Collection and Remittance of Levy for the National Cybersecurity Fund Published 7/2/2018

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BPS/DIR/GEN/CIR/05/005
Circular on Extension of the Regulatory Framework for the Use of Unstructured Supplement Service Data (USSD) in the Nigerian Financial Sector Published 6/1/2018

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BPSD/DIR/GEN/CIR/05/017
Exposure Draft of the Nigerian Payments System Risk and Information Security Management Framework Published 5/8/2018

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BPS/DIR/GEN/CIR/04/016
The Circular on the Regulatory Framework for the Use of Unstructured Supplementary Service Data (USSD) in the Nigerian Financial System Published 4/25/2018

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BPS/DIR/CIR/01/006
Regulation For Bill Payments In Nigeria, 2018 Published 3/14/2018

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BPS/DIR/GEN/CIR/01/007
Regulation For Direct Debit Scheme In Nigeria, 2018 (Revised) Published 3/14/2018

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BPS/DIR/GEN/CIR/01/005
Sanctions on Erring Banks e-Payments Service Providers for Infractions of Payments System Rules and Regulations Published 1/5/2018

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BPS/DIR/CIR/GEN/02/039
Extension Of Settlement Banking Arrangement To All The Clearing Sessions Published 11/10/2017

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BPS/DIR/GEN/CIR/04/010
Further Clarification on the enforcement of GIFMIS Revenue Reference Numbers Published 10/17/2017

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BPS/DIR/CIR/01/019
Exposure Draft of the Guidelines on Instant (Inter-bank) Electronic Funds Transfer Services in Nigeria Published 2/3/2017

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BPS/DIR/CIR/016
Exposure Draft of the ''Guidelines for the Direct Debit Scheme and Bills Payments in Nigeria Published 1/30/2017

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BPS/DIR/CIR/01/017
Exposure Draft of the Guidelines for Nigerian Clearing System Rules, 2016 (Revised) Published 1/30/2017

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Facts : 1/1/1900
Operation Feed the Nation (O.F.N.):Operation Feed the Nation was introduced by the federal military government headed by General Olusegun Obasanjo in 1979.It had the specific focus of increasing food production on the premise that availability of cheap food would ensure a higher nutrition level and invariably lead to national growth and development.OFN lasted till the civilian government of Alhaji Shehu Shagari in 1979.
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