December 7, 2023/CBN The Governor, Mr. Olayemi Cardoso, has approved the Central Bank of Nigeria’s reviewed Service Charter. The Service Charter is a requirement of the Business Facilitation Act (BFA) 2022 for driving the ease of doing business in Nigeria. It also enables the Bank to fully comply with the […]
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Islamic Development Bank Institute Joins Partners to Explore Global Standards for Central Bank Digital Currency
The conference was the first-of-its-kind gathering of international financial policymakers and provided a platform for the launch of new research on critical areas in the Central Bank Digital Currency (CBDC) field December 6, 2023/IsDBI The Islamic Development Bank Institute (IsDBI) participated as a knowledge partner in a conference titled ‘“Exploring […]
NPL Monitor: Bad Loans Continue to Fall in CESEE Despite Macro Challenges
Image Credit: EBRD December 6, 2023/EBRD By Svitlana Pyrkalo NPL ratios declined to an average of 2.2 per cent in June 2023 NPL stocks fell by 6.8 per cent on average Write-offs, restructuring and recovery are more effective than selling distressed debt Bad debt, also known as non-performing loans (NPLs), […]
