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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”)

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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,…

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