Money Market

CBN Directs 3 Banks with CAR Below 10% to Recapitalize HI 2016

November 20, 2015/CBN Towards the implementation of Basel II, the CBN issued revised Guidance Notes on credit, market, and operational risks, regulatory capital, Pillar 3 disclosure requirements and the reporting template for submission of capital adequacy ratio returns, in June 2015. The review addressed challenges observed in the first year […]

IMF Says Banking Consolidation, Regulatory Requirements in Focus at Vienna Initiative 2 Full Forum

November 19, 2015/IMF The eighth Full Forum of the Vienna Initiative assessed key achievements over the past year and proposed an agenda for future cooperation at a meeting hosted by the National Bank of Poland in Warsaw on 18 November on cross-border banking issues affecting Central, Eastern and South Eastern […]

Pres. Buhari launches CBN Anchor Borrowers’ Programme

November 18, 2015/CBN President Muhammadu Buhari has launched the Central Bank of Nigeria (CBN) initiated Anchor Borrowers’ Programme (ABP), even as he expressed high hopes that the scheme would lift thousands of small farmers out of poverty and generate millions of jobs for unemployed Nigerians. Speaking during the launch of […]