July 3, 2020/CBN The Central Bank of Nigeria, pursuant to Section 8 (g) of the CBN Scope, Conditions & Minimum Standards for Commercial Banks Regulations No. [1] 2010 as revised on September 4, 2019; and in furtherance of its objective to Promote financial inclusion, hereby prescribes additional requirements for licensed […]
Money Market
Moody’s Announces Completion of a Periodic Review of Ratings of Bank of Industry
Culled—Proshare June 30, 2020 by Moody’s Investors Service Moody’s Investors Service (“Moody’s”) has completed a periodic review of the ratings of Bank of Industry and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody’s reassessed the appropriateness of […]
CBN Release Draft Regulatory Framework for Sandbox Operations in Nigeria
June 29, 2020/CBN The Central Bank of Nigeria (CBN) is committed to building a financial services sector that promotes innovation in financial services, effective service delivery, healthy competition and financial inclusion. In this regard, the Bank has implemented several reform initiatives towards the achievement of these objectives. In continuation of […]
