By Emele Onu, 07.09.2010  The Central Bank of Nigeria (CBN) has extended by two months the implantation date for the new Prudential Guidelines for Banks.The guidelines which were first issued in May, this year was re-issued yesterday and the effective date for implementation moved from May 1 to […]
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European regulators talk tough over bank stress tests
By Jill Treanor, Thursday, 8 July 2010  tried to demonstrate that their health checks on the banking sector were severe enough by revealing that they were assuming a worsening of market conditions during May’s sovereign debt crisis.  But while the Committee of European Bank Supervisors named the 91 […]
Sanusi laments growing credit to govt
By Sunday Ojeme Thursday, 8 Jul 2010    The Governor of the Central Bank of Nigeria, Mr. Lamido Sanusi, has restated the need to unlock the credit market to benefit the private sector more than government borrowers. He said this was necessary in order to enhance credit flow […]
