February 27, 2023/CSL Research The Central Bank of Nigeria (CBN) has in a circular dated 24 February 2023 reviewed the tenure for Executive Management and Non-executive Directors of Deposit Money Banks and Financial Holding Companies. Based on the circular, the tenure for Executive Directors (EDs), Deputy Managing Directors (DMDs) and […]
Money Market
CBN Reviews Tenure of Executive Management and Non-EDs of Banks
February 24, 2023/CBN The Central Bank of Nigeria (CBN) has revised the regulatory requirements for the tenure of Executive Management and Non-executive Directors of Deposit Money Banks and Financial Holding Companies in the Code of Corporate Governance for Banks and Discount Houses (Ref: FPR/DIR/CIR/GEN/01/004), as part of measures aimed at […]
CBN Sticks to Presidential Directive to Reissue only 200 Naira Old Banknotes
February 21, 2023/CBN The attention of the Central Bank of Nigeria has been drawn to a fake press release purported to have emanated from the Bank to the effect that President Muhammadu Buhari has approved the reissuance and release of old N500 and N1000 notes as legal tender in the […]
