Regulatory Alerts2013-05-10 | BPS/DIR/CIR/04/2013Circular to DMBs, Cheque Printers and other Stakeholders on the Accreditation of Cheque Printers for 2013/2014
The Central Bank of Nigeria (CBN) has accredited Superflux International Ltd and Tripple Gee and Company Plc as the only approved cheque printers for the Nigerian market, following an accreditation exercise under the Nigeria Cheque Printers' Accreditation Scheme (NICPAS). The CBN emphasized its policy to domesticate cheque printing in Nigeria, therefore foreign-based printers were neither accredited nor re-accredited. Further accreditations may be added for local printers meeting the NICPAS requirements. Noncompliance with these measures will result in strict penalties.
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