2012-08-01 | FPR/PRD/CON/MDD/02/099

Exposure Drafts of the Revised Code of Corporate Governance for Banks in Nigeria and the Guidelines for Whistle-Blowing in the Nigerian Banking Industry

The Central Bank of Nigeria (CBN) issued a circular on August 1, 2012, clarifying that Authorized Dealers are not allowed to access the WDAS window throughout the term of a Repurchase or Standing Lending Facility (SLF) transaction with the CBN, due to the prohibition of accessing both WDAS and SLF on the same day. Any dealers who had entered into these transactions prior to this circular will not be affected, and this rule takes immediate effect.

Nigeria

Central Bank of Nigeria

Show thumbnail