November 2, 2018/CBN Banking Sector Soundness The health of banks improved in the review period, following the sustained recovery in macroeconomic conditions, including declining inflation, stable exchange rate and gradual upswing in the real economy. At end-June 2018, the industry average capital adequacy ratio (CAR) was 12.08 per cent, compared […]
Money Market
CBN Unveils Code of Corporate Governance for Microfinance Banks in Nigeria
October 31, 2018/CBN The CBN on February 27, 2017 issued the Exposure Draft on the Codes of Corporate Governance for Other Financial Institutions in Nigeria, and comments received from stakeholders subsequent thereto had been incorporated in the Guidelines as appropriate. Pursuant to the provisions of Sections 33 subsection (1) (b) […]
CBN Unveils Code of Corporate Governance for Primary Mortgage Banks in Nigeria in Nigeria
October 30, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Tuesday unveiled a code of corporate governance for Primary Mortgage Banks (PMBs) and other financial institutions in Nigeria. The apex bank on February 2018 issued an exposure draft on the codes of corporate governance for other financial […]
