Section

SECTION 43: Restriction on the use of certain names

Part of
Banks and Other Financial Institutions Act 2020

(1) Except with the written consent of the Governor (a) no bank shall be registered or incorporated with (i) a tribal or ethnic name, or (ii) any name which includes the words “Central” “Federal,” Federation, “National”, “Nigeria”, “Reserve”, “State”, “Christian”, “Islamic”, “Muslim”, “Quarnic”, or “Biblical”;…

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