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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.

Issuer

Nigeria

Year

2014

Region

Africa

Issuer (type)

Central Bank of Nigeria (Central Bank)

Instrument type

Code

Disclosure instrument

Yes

Geographical scope

National

Mandatory or voluntary

Mandatory

Text analysis

    • Low 0.56%
    • Moderate 0.25%
    • E focus: environment
    • S focus: compensation
    • G focus: audit, financial reporting, internal control, money laundering, risk management, accountability
    • Finance, Management, Professional services