Central Bank of Nigeria releases Corporate Governance Code for Other Financial Institutions(OFIs)

  The Central Bank of Nigeria (CBN) has developed distinct governance codes of corporate governance for Other Financial Institutions (OFIs) under its supervision.

   These OFIs include primary mortgage institutions, microfinance banks, mortgage refinance companies, development finance institutions, bureau de change and finance companies.CBN explained that the move was to ensure high ethical conducts and provide minimum acceptable governance standards.