2009-01-06 | TED-FEM-FPC-GEN-01-001-09

Deployment of Resident Examiners to Banks

The Central Bank of Nigeria has announced that from a specified date, Resident Examiners will be deployed to all banks in the country to ensure compliance with banking laws, rules, and regulations. Their responsibilities include monitoring guidelines, participating in meetings as observers, reviewing management reports, and assessing financial condition and risk management systems. Banks are expected to provide suitable accommodation for the Resident Examiners without any hindrances or entertainment. The full cooperation of banks is required in this regard.

Nigeria

Central Bank of Nigeria

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