2024-03-05 | FPR/DIR/PUB/LET/001/021

Letter to all Development Finance Institutions - Late and Non-Rendition of Statutory Monthly Returns to the Central Bank of Nigeria through the FinA Application

The Central Bank of Nigeria has expressed concern over Development Finance Institutions' (DFIs) failure to submit timely periodic returns. All DFIs are reminded of the legal requirement to submit monthly FinA returns by the 5th of the following month, or the previous workday if the 5th falls on a weekend or holiday. Valentine /O. Ururuka, Ph.D., emphasizes the importance of timely submissions and encourages institutions to report any technical issues promptly to avoid sanctions for non-compliance.

Nigeria

Central Bank of Nigeria

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