CBN Gives Fresh Orders to Access, Zenith, Others on KYC Requirements For NGOs, Others
The Central Bank of Nigeria has directed commercial banks and financial institutions to obtain fresh SCUML information from bank customersSpecifically, the bank said the banks should obtain the relevant information from Non-Profit organizations before establishing a relationshipIt said the new requirement aligns with the laws and regulations and its 2012 circularPascal Oparada has over a decade of experience covering Tech, Energy, Stocks, Investments, and Economy.
The Central Bank of Nigeria has issued fresh Know Your Customer (KYC) requirements to commercial banks in Nigeria.
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