According to a recent circular, the Central Bank of Nigeria has licensed four indigenous enterprises to issue cheques in the nation.
The circular, signed by Sam Okojere, Director of the Banking Services Department, listed the enterprises as Superflux International Limited, Tripple Gee and Company, Yaliam Press Limited, and Marvelous Mike Press.
These firms were accredited and approved as printers and personalisers of cheques.
The CBN said, “In furtherance of its mandate to ensure an efficient Payment and Settlement System, the Central Bank of Nigeria, in collaboration with the MICR Technical Implementation Committee, conducted the re-accreditation of Cheques Printers and Cheque Personalisers in line with the NICPAS qualification criteria. As of May 4, 2023, the Cheque Printers and Personalisers with valid acrredication licence are as follows.”
Read Also: 128,770 Nigerian students move to UK in seven years
The circular also showed that seven banks were approved as personalisers of cheques, and they include Zenith Bank Plc, Ecobank Plc, Stanbic IBTC Bank Plc, First Bank Ltd, Keystone Bank Ltd, Wema Bank Plc and Providus Bank Ltd.
It was stated that all accredited printers and personalisers had been duly notified and certificates issued.
The two firms, which were accredited and approved in 2014, were excluded from the current list.
The firms are Nigeria Security Printing and Minting Company Plc and Euphoria Group Limited.
The Nigeria Security Printing and Minting Company Plc is the company responsible for printing Nigeria’s currency, including the recently printed new N1000, N500 and N200 notes.
