Alert: Central Bank of Nigeria Circular FPR/DIR/PUB/CIR/001/035

Title: List of Microfinance Banks as at December 31, 2021

Summary: Financial institutions are requested to comply with the requirement to obtain the full required documentation and verifiable identification data from customers. All banks should ensure that they establish and maintain an effective internal control system that promotes compliance with Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) regulations. Additionally, institutions should take proactive measures to ensure they have sufficient trained staff and technological systems to comply with regulatory requirements.

Posted on: Friday, December 31, 2021

Download: FPR/DIR/PUB/CIR/001/035