August 11, 2021/Vanguard By Elizabeth Adegbesan The Central Bank of Nigeria (CBN) has stipulated N10 billion as minimum capital base for Credit Guarantee Companies (CGC). The CGC firms constitute a new subsector within the financial sector, with the task of guaranteeing loans to Micro Small and Medium Enterprises (MSMEs). The CBN […]
Money Market
MSMEs Lending: CBN Releases Exposure Draft of Guidelines for Regulation and Supervision of CGC in Nigeria
August 11, 2021/CBN In furtherance of efforts to improve access to lending for micro, small and medium scale enterprises (MSMEs), the CBN has developed the draft Guidelines for licensing and regulation of Credit Guarantee Companies (CGCs) in Nigeria. The guidelines, which would provide a regulatory basis for the operations of […]
African Central Banks Must Work Together to Roll Out Digital Currencies” – Says Governor Seegolam
Governor Harvesh Seegolam showcases Mauritius CBDC project at the African Caucus conference and calls for a closer interaction between African central banks August 9, 2021/Zethical Bank of Mauritius Bank of Mauritius Governor Harvesh Seegolam was invited by the African Caucus to be one of the panellists at its hybrid 2021 […]
