SON Launches PAM to Check Substandard Products
CURRENCY OFFENCES ACT
An Act to prohibit certain acts tending to depreciate currency.
News and Resources
CBN revokes Skye Bank’s operating licence, renames it Polaris Bank
The Central Bank of Nigeria on Friday revoked the operating licence of Skye Bank Plc. Governor of Central Bank, Godwin Emefiele, made the announcement at a press briefing in Lagos. He also said a bridge bank known as Polaris Bank had been created to assume the…
PenCom releases N86.7bn to over 275,000 sacked workers
The National Pension Commission said it had released N86.7 billion to sacked workers of various companies who participated in the Contributory Pension Scheme. Acting Director-General, PenCom, Mrs Aisha Dahir-Umar, who disclosed this on Monday in Lagos, said the amount was for the settlement of 275,172 disengaged…
Regulators
Economic and Financial Crimes Commission (EFCC)
The Economic and Financial Crimes Commission (EFCC) is a Nigerian law enforcement agency that investigates financial crimes such as advance fee fraud (419 fraud) and money laundering. The EFCC was established in 2003, partially in response to pressure from the Financial Action Task Force (FATF) on money…
Nigerian Communications Commission (NCC)