October 21, 2020/US Federal Reserve The federal bank regulatory agencies on Tuesday finalized a rule strengthening the resilience of large banks by requiring them to maintain a minimum level of stable funding over a one-year period. The net stable funding ratio, or NSFR, final rule will require large banks to […]
Money Market
Agencies finalize rule to reduce the impact of large bank failures
October 20, 2020/US Federal Reserve The federal bank regulatory agencies today finalized a rule to limit the interconnectedness and reduce the impact from failure of the largest banking organizations. The final rule is substantially similar to the proposal announced last year and complements other measures that the agencies have taken […]
CBN Releases Framework for Financing of National Mass Metering Program
October 20, 2020/CBN 1.0 Introduction The introduction of the service-based tariff (SBT) in the Nigeria Electricity Supply Industry (NESI) effective from 1st September 2020 has put increased emphasis on the need to close the metering gap in the NESI. The closing of this gap will enhance efficiency of revenue collection by […]
