CBN Orders Immediate Adoption of Examiners’ Recommended Provision and Audit Adjustments by the OFIs

Godwin Emefiele, Governor, Central Bank of Nigeria (CBN). Upon the receipt of the Routine Examination from the Central bank of Nigeria (CBN) or the Nigeria Deposit Insurance Corporation (NDIC) by the OFI, it is required that the board of each OFI deliberates upon the Report and give an undertaking that the recommendations therein will be ...