The 1963 Republican Constitution came into effect on 1st October, 1963. This constitution and other subsequent post-independence constitutions are distinguishable from the previous ones by the fact that they are drafted by Nigerians for Nigerians.

The Single Euro Payments Area (SEPA) is a collective association created in Europe that allows companies, individuals and public bodies to make payments in euros without using cash. These payments can be made using a single bank account for payment transactions in different part of Europe within the SEPA zone.