Strengthen governance or face regulatory action, CBN warns banks’ directors
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By Babajide Komolafe
Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, yesterday warned bank directors and industry leaders to strengthen corporate governance or face decisive regulatory action, declaring that “strong governance is the foundation of trust and stability in the financial system.”
He gave the warning in a keynote address at the Chartered Institute of Directors (CIoD) induction ceremony in Lagos.
Represented by the Director, B
Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, yesterday warned bank directors and industry leaders to strengthen corporate governance or face decisive regulatory action, declaring that “strong governance is the foundation of trust and stability in the financial system.”
He gave the warning in a keynote address at the Chartered Institute of Directors (CIoD) induction ceremony in Lagos.
Represented by the Director, B
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