CBN to Sanction Banks Harbouring Unlicensed Firms

Kindly share this postCentral Bank of Nigeria (CBN) has warned banks against harbouring and backing unlicensed foreign firms. CBN said the directive titled “Guidelines for the Regulation of Representative Offices of foreign Banks in Nigeria” was to improve the country’s financial sector. Muhammad Musa, director, Financial Policy and Regulation Department, CBN, in the document, said […]

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