CBN approves Zenith, First Bank, 11 others as Cheque Printers, Personalisers

The Central bank of Nigeria (CBN) has accredited 13 firms as Cheque Printers and Cheque Personalisers in Nigeria. According to a circular titled: Circular to Deposit Money Banks, Cheque Printers/Personalisers and other stakeholders on the accreditation of cheque printers and signed by Director, Banking Services Department of the CBN, Sam O. Okojere, out of the 13, 7 are Deposit Money Banks (DMBs) while the other 6 are printing companies.  Zenith Bank, First Bank, Ecobank, Wema Bank, Stanbic IBTC, Keystone Bank, and Providus Bank were approved as Cheque Personalisers as well as Superflux International Limited, Tripple Gee and Company Limited, Yaliam Press Limited, Marvelous Mike Press Limited, Kas Arts Services Limited, and Papi Printing Company Limited. “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 (MTIC) conducted the accreditation of Cheque Printers and Cheque Personalisers, in line with the NICPAS qualification criteria,” the Apex Bank said. The regulator further said all the accredited printers and personalisers have been duly notified and certificates issued.

COREN to sanction varsities over-admitting Engineering students

The Council for the Regulations of Engineering in Nigeria (COREN), has vowed to sanction any university or polytechnic that admits engineering students above its admission quota. The president of the council, Engr. Sadiq Zubair Abubakar, who disclosed this Wednesday in Abuja said: “Education is one of the key scorecards of COREN, and I am sure you know when you study the medical profession, there is an admission quota and if your university exceeds the number granted by the medical council, then that university will be sanctioned. If the number of enrollments exceeds your facilities, they will withdraw the certificate. “Engineering is not anything less, so we have activated that because it is already in our law, we have what we called the BMASS that defines the maximum number a university can admit in any of its engineering professions based on the facility of teaching and practical in workshop and laboratories, just like the medical students.  “We have already written to all universities; polytechnics and we are supposed to follow up with enforcement. We have had discussions with JAMB to do exactly what they are doing with the medical courses. And from the next academy session, you will not see any university that will admit engineering students more than their capacity. “Any institution that does that will be put in the spotlight and withdraw the mandate for them to teach just like other professions are doing. We want to make sure that the skill and proficiency of the graduates whether in universities or polytechnics in engineering is sacrosanct.”