The Supreme Court ruled against First Bank of Nigeria on July 4, involving the Central Bank of Nigeria and the Nigerian financial sector.

The entities involved

• supreme court →

  highest court in a jurisdiction

  • Supreme Court declined to review lower court decision.Mon 17:24
  • A petition has been filed concerning alleged violations of statutory duties related to the Chief Election Commissioner's role in the election process in West Bengal.Mon 15:44
• First Bank of Nigeria →

  Nigerian multinational bank

  Nothing else this week.

• Central Bank of Nigeria →

  central bank

  • The Central Bank of Nigeria (CBN) is currently managing Nigeria's foreign reserves.Mon 07:32
  • The Central Bank of Nigeria manages the financial system in Nigeria, with Olayemi Cardoso leading the management team.Mon 00:38

Related events

• The Supreme Court of Nigeria has upheld a suit concerning the implementation of financial autonomy and strengthening local government independence.Jul 18
• The Central Bank of Nigeria reported on Nigerian bank closures, while the federal government submitted its budget proposal to the National Assembly.Sep 14
• The Central Bank of Nigeria proposes new rules for financial holding companies.Jun 30
• The Central Bank of Nigeria and the SEC are coordinating oversight of digital assets and have launched a regulatory sandbox for digital finance in Nigeria.Aug 12
• The Central Bank of Nigeria rolled out a stronger supervisory framework in response to international compliance pressures.Sep 9