Banking

The CBN reviews the terms of office of bank directors.

The Central Bank of Nigeria has revised the regulatory requirements for the tenure of executive management and non-executive directors of Deposit Money Banks and Financial Holding Companies in the Code Of Corporate Governance For Banks And Discount Houses (Ref: FPR/DIR/CIR/GEN/01/004). In a circular titled ‘Review of tenure of executive management and non-executive directors of Deposit Money…
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