Section 30: Conduct, Supervision and Competition.

(1) Notwithstanding anything to the contrary in this Act or in any other enactment, the Governor shall have power to issue regulations, guidelines and policies to banks, specialised banks and other financial institutions in Nigeria, to-
(a) ensure responsible conduct;
(b) protect the interest of consumers of products and services of banks, specialised banks and other financial institutions;
(c) promote competition in the Nigerian financial system; and
(d) engender and sustain public trust and confidence in the use of financial services in Nigeria.
(2) All banks, specialised banks and other financial institutions shall adopt policies to ensure compliance with consumer protection and competition standards and obligations under extant laws, regulations, and to implement appropriate internal controls in that regard.