
Central Bank of Nigeria
Sanctions Grid to Deposit Money Banks that participate under The Central Bank of Nigeria- Nigeria Electricity Market Stabilization Facility (“CBN-NEMSF”)
- Author
- Central Bank of Nigeria
- Reference No.
- Ref: FPR/DIR/GEN/CIR/06/003
- Year
- 2016
- Pages
- 7 pages
This Central Bank of Nigeria circular establishes a sanctions grid for deposit money banks participating in the Nigeria Electricity Market Stabilization Facility. It identifies infractions involving account statements, transaction administration, collection and repayment accounts, unauthorized withdrawals, fund transfers, reporting, and false information, and prescribes warnings,…