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Code of Corporate Governance for Banks and Discount Houses in Nigeria and Guidelines for Whistle Blowing in the Nigerian Banking Industry

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Summary

This revised Code provides clear guidelines on all aspects of governance and is expected to enhance Corporate Governance practices for banks in Nigeria. The provisions of this Code represent the minimum standard which banks shall comply. Banks are however encouraged to aspire to higher standards.

Thumbnail image for This revised Code provides clear guidelines on all aspects of governance and is expected to enhance Corporate Governance practices for banks in Nigeria. The provisions of this Code represent the minimum standard which banks shall comply. Banks are however encouraged to aspire to higher standards.
Issuer

Nigeria

Year

2014

Region

Africa

Issuer (type)

Central Bank of Nigeria (Central Bank)

Policy Type

Disclosure

Geographical scope

National

Mandatory or voluntary

Mandatory


Main industries targeted
  • Finance & Insurance
  • Professional, Scientific, & Technical Services
  • Retail trade
Restrictiveness

High

Sustainable Development Goals (SDGs)
  • SDG 1: No Poverty
  • SDG 5: Gender Equality
  • SDG 6: Clean Water and Sanitation
  • SDG 10: Reduced Inequality
  • SDG 14: Life Below Water

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