June 27, 2012 / CBN

In exercise of the powers conferred on the Bank by Section 47 (2) of the Central Bank of Nigeria Act 2007 to promote and facilitate the development of efficient and effective systems for the settlement of transactions; and
 

Pursuant to its powers, the Central Bank of Nigeria (CBN) hereby issue the following guidelines for the settlement of all types of securities in Nigeria without prejudice to the powers of Securities & Exchange Commission (SEC) conferred on it by section 13 of the Investments and Securities Act 2007.

 

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