BANKING LAWS AND REGULATIONS IN NIGERIA: SELECTED THEMES (2024) by Bello Mohammed Magaji

Banking Law and Regulations in Nigeria: Selected Themes essentially deals with the laid down rules or code of conduct meant to control and set standards for banking business. Indeed, the main aim of the ongoing banking reforms in Nigeria, started in 2004, is to ensure banks’ conformity to the laid down banking rules and regulations. The eleven-chapter book contains vital and rich information on the theory and practice of banking laws and regulations in Nigeria, and also covers the N.B.T.E.-approved syllabus for a National Diploma in Banking and Finance that will tremendously benefit those students. The practical aspect of the book will be of immense benefit to bankers, business executives, lawyers, regulators of the banking system, etc. – Aliyu Mamman, Ph.D. Director, College of Business and Management Studies, Kaduna Polytechnic, Kaduna State, Nigeria

Contents

• Constitutional Framework of Banking Laws in Nigeria
• Legal Requirement for Establishing a Bank in Nigeria
• The Legal Nature of Banker-Customer Relationship
• Contractual Obligations of Customer
• Securities for Bankers’ Advances
• Money Transmission Mechanisms or Negotiable Instruments
• Termination of Banker-Customer Relationship
• Personal Securities: Guarantee and Indemnity
• Law of Agency
• Partnership
• Fraud in the Banking Industry: Imperatives for an Anti-Fraud Court in Nigeria