Banks and Other Financial Institutions Act, 2020

Federal Republic of Nigeria

The Banks and Other Financial Institutions Act, 2020 provides the legal framework for the licensing, regulation and supervision of banks and other financial institutions in Nigeria. It sets out provisions on banking operations, capital requirements, restructuring, licensing, reserves, regulatory powers and related financial-sector matters.

Country: Nigeria
Type: Act
File size: 2.3 MB

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Sourced from official government publications. Always verify against the official source before relying on this document for legal purposes.

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