Supervision Framework
Financial institutions under the supervisory purview of the CBN are the deposit money banks, the discount houses, primary mortgage institutions, community banks, finance companies, bureaux-de-change and development finance institutions. The supervisory function of the CBN is structured into the following departments departments - Banking Supervision, Other Financial Institutions Supervision, Development & Finance Institutions Supervision and Payments System Supervision. The supervisory process involves both on-site and off-site arrangements. The Directors of these departments report to the Deputy Governor, Financial System Stability.