More regulatory powers to CBN, as FG gazettes BOFIA 2020


Tribune Online
More regulatory powers to CBN, as FG gazettes BOFIA 2020

THE Federal Republic of Nigeria has officially gazetted Nigeria’s new Banks and Other Financial Institutions Act (BOFIA) 2020. The gazetted document dated November 17 2020 with supplement Act number 5, titled Banks and Other Financial Institutions Act, 2020, is available on the CBN’s website. According to the Act, “any foreign bank or other entity which […]

More regulatory powers to CBN, as FG gazettes BOFIA 2020
Tribune Online


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