2018-10-26 | FPR/DIR/CIR/GEN/07/017

Code of Corporate Governance for Primary Mortgage banks in Nigeria

The Central Bank of Nigeria issues a circular to all other financial institutions in the country, providing guidelines for codes of corporate governance. The document outlines the responsibilities of the board and management, shareholder rights, disclosure and transparency requirements, risk management, ethics, and compliance. It also includes provisions for sanctions and an effective date for implementation. The code aims to promote good corporate governance practices and enhance public confidence in Primary Mortgage Banks.

Tags
governance
licensing
operational
risk
disclosure
conduct