National Archives / National Archives of Nigeria

Supplement to Official Gazette

BANKING(AMENDMENT)DECREE 1~2 Decree No. 45 [14th December 1972] THE FEDERAL MILITARY GOVERNMENT hereby decrees as follows: 1. The Banking Decree 1969 is hereby amended as follows, that is (a) for section 1 (1) there shall be substituted the following "(!) No banking business shall be transacted in Nigeria ( a) except by a company duly incorporated in Nigeria which is in possession of a valid licence granted by the Commissioner authorising it so to do ; and (b) unless before its incorporation in Nigeria the objects of the company as set out in its memorandum of association shall have been submi…