Stop CBN’s powers to void bank licences – Lawyer
[Daily Trust - Nigeria] - 3/01/2026
An Abuja-based lawyer, Chibueze Maduka, has asked a Federal High Court in Abuja to void the powers of the Central Bank of Nigeria (CBN) to unilaterally cancel license of banks. Maduka argues that section 127(1) of the Banks and Other Financial Institutions Act (BOFIA) 2020, which provides that (…)
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