Basel III to Transform Nigerian Banking System for Stability and Growth
Basel III is a set of rules to keep global banks stable. Nigeria is using Basel III for its banks. The goal is to make Basel III work in Nigeria. This means better bank capital, more liquidity, less risk, and a smooth transition from older rules. To succeed, Nigeria needs time to adjust, both small and big rules, and strong bank balance sheets. The regulator must enforce rules, work with other countries, reassure the public, and have plans for emergencies.