The Director-General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa, has called for a fundamental review of Nigeria’s financial sector regulatory framework, arguing that conventional supervisory methods are no longer sufficient to manage the risks created by modern digital banking. Inuwa made the call while delivering a presentation titled “Digital Transformation, Supervision, Innovation and Operational Resilience” at the 15th Retreat of the Central Bank of Nigeria (CBN) Committee of Departmental Directors in Lagos. The retreat was held under the theme, “From Reform to Institutionalisation: Strengthening the CBN Capacity to...