Introduction It is a well-established principle that the banker-customer relationship is fundamentally contractual, conferring customers with certain rights in respect of their accounts and imposing c...
The CBN’s New Agent Banking Guidelines: Legal Implications & Contractual Imperatives
On 6 October 2025, the Central Bank of Nigeria (“CBN”) released its guidelines for the operations of agent banking in Nigeria (circular PSP/DIR/CON/CWO/001/049), a sweeping reform that consolidate...