• CBN Sets New Standard For Banks On Compliance

    CBN Sets New Standard For Banks On Compliance

    According to reports, the Central Bank of Nigeria (CBN) has directed all Deposit Money Banks in the country to appoint new Executive Compliance Officers (ECOs) who must not be below the level of an Executive Director.

    In a circular by the bank posted on its website,recently, the CBN also set a new qualification standard for the Banks in their appointment of people into the position of Chief Compliance Officers (CCOs) in line with its decision to enhance minimum qualification for the […]

  • Post-UTME formally banned as FG orders strict compliance

    Post-UTME formally banned as FG orders strict compliance

    The Federal Government has formally banned the conduct the Post-Unified Tertiary Matriculation Examination (UTME).

    Minister of Education, Adamu Adamu, in a statement issued through Ben Goong, the Deputy Director of Press and Public Relations in the ministry, said the ban was with immediate effect.

    Consequently, all higher institutions have been directed to comply with the directive.

    Adamu noted that parents spend fortunes on transportation and sundry costs just for their wards to gain admission into universities.

    “The ban is with immediate effect, and under […]