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Central Bank of Nigeria

Bullion

2008

Consumer protection

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Consumer Protection And Financial Stability In Malaysia Lessons For Nigeria, Ngozi Egbuna Sep 2008

Consumer Protection And Financial Stability In Malaysia Lessons For Nigeria, Ngozi Egbuna

Bullion

The paper highlights the Bank Negara Malaysia (BNM)'s approach to consumer protection and financial stability in Malaysia with the aim of drawing lessons for Nigeria. The paper proposes an action for the establishment of a financial mediation bureau in Nigeria, to be set up by the Central Bank of Nigeria (CBN). To achieve this, the paper is structured in six sections. Following th is July - Sept. 2008 introduction is section 2 which examined the conceptual issues while Section 3 dealt with an overview of the consumer protection infrastructure in Nigeria. Section 4 focused on the Malaysian experience giving a …