BOFI

Senate Commends Buhari For Assenting To BOFI Act

Nov 14, 2020. by Ekohot Editor

NOVEMBER 14, 2020 The Senate has lauded President Muhammadu Buhari’s assent to the Banks and Other Financial Institutions Act (BOFI ACT) (amendment) Bill, 2020. In a statement on Saturday, the Chairman, Senate Committee on Media and Public Affairs, Surajudeen Ajibola Basiru, said the assent to the Bill had effectively repealed the 1991 edition and “it … Read more

Buhari Signs Banks And Other Financial Institutions Act 2020

Nov 13, 2020. by Ekohot Editor

NOVEMBER 13, 2020 President Muhammadu Buhari has signed the Banks and Other Financial Institutions (BOFI) Act 2020. This is according to statement issued on Friday by the Senior Special Assistant to the President on Media, Garba Shehu. “This monumental piece of legislation is expected to enhance the soundness and resilience of the financial system for … Read more