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Central Bank Of Nigeria

Posts matching Central Bank Of Nigeria

Central Bank of Nigeria Act

2016-12-20 10:30 AM | by Nigeria Compliancehub

This is an Act to repeal the Central Bank of Nigeria Act 1991 and to establish the Central Bank of Nigeria Act; and for related matters. 

The principal objects of the Bank shall be to ensure monetary and price stability; issue legal tender currency… Read more

Community Banks Act

2016-12-20 11:25 AM | by Nigeria Compliancehub

This is an Act to provide for the establishment of Community Banks and to establish their functions which include accepting from persons various types of deposits, including savings and time and target deposits; issuing for… Read more

Mortgage Institutions Act

2016-12-20 11:35 AM | by Nigeria Compliancehub

An Act to make provisions for establishment and licensing of mortgage institutions to grant loans and advance to individuals for the purchase or construction of a dwelling house; improvement or extension of an existing dwelling house; and to accept savings and deposits from members of the… Read more

Federal Mortgage Bank of Nigeria Act

2016-12-20 4:03 PM | by Nigeria Compliancehub

This is an Act to establish the Federal Mortgage Bank of Nigeria to provide long-term credit facilities to mortgage institutions in Nigeria and encourage and promote the development of mortgage institutions at the rural, local, State and Federal levels.
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Ex-bankers sue CBN and NDIC

2017-01-16 10:19 AM | by Nigeria Compliancehub

Ex-bankers of eight non-consolidated banks have sued the Nigeria Deposit Insurance Corporation (NDIC), Central Bank of Nigeria (CBN) and four acquirer banks over unpaid N9.8 billion terminal benefit 11 years after disengagement from the services of the non-consolidated banks. The action was filed through the Registered Trustees of… Read more

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