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
Nigerian Deposit Insurance Corporation (NDIC)
The Nigeria Deposit Insurance Corporation (NDIC) is an independent agency of the Federal Government of Nigeria. The purpose of the deposit insurance system is to protect depositors and guarantee the settlement of insured funds when a deposit-taking financial institution can no longer repay their deposits, thereby helping to maintain financial…
Chartered Institute Of Bankers Of Nigeria (CIBN)
Industries
Automotive
Automotive Industry