The Central Bank of Nigeria (CBN) has said it will sack chief executive officer and chairman of any bank that fails to publish its financial statement within the regulatory period.
This was contained in the Monetary, Credit, Foreign Trade and Exchange Policy Guidelines for the 2016/2017 fiscal year released by the apex bank, yesterday.
According to the CBN, all banks must publish their financial statements latest four months after their financial year or risk severe sanction, including removal of the chief executive officer and the chairman.





























