By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – The Independent Evaluation Office (IEO) of the International Monetary Fund (IMF) Wednesday advised the Fund to reduce unnecessary disclosure concerns on individual countries as part of its recommendations aimed to address some longstanding problems that undermine trust in the Fund and other key […]
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CBN issues lending guidelines between banks, subsidiaries
The Central Bank of Nigeria has issued new directives on lending guidelines involving Deposit Money Banks, Financial Holding Companies and other subsidiaries within the group. The CBN said in a circular on Tuesday that credit by a bank to its HoldCo would be regarded as a return of capital and […]
Bankers’ Committee, NCC to strengthen cash-less policy
The Governor, Central Bank of Nigeria, Mr. Sanusi Lamido, has said that the Bankers’ Committee is currently working with the Nigerian Communications Commission and other service providers to ensure that some of the challenges of cash-less policy are addressed. Sanusi said this at the fourth annual investors’ forum organised by […]
