Ifeanyi Nwabugu When the extant Central Bank of Nigerian CBN Acts were being crafted with the motive of giving the revered institution relative autonomy from interference from all other arms of the government ,no body imagined that there would arise an emperor who would latch on it and deploy so […]
Tag: Central Bank of Nigeria
Sanusi’s Suspension: CBN Assures International Investors
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Central Bank of Nigeria (CBN) Thursday assured international investors that there is no cause for alarm following the suspension of Lamido Sanusi as governor of nation’s apex bank. This is contained in a Statement by Isaac .A. Okoroafor, director corporate communications of the CBN and […]
Bank directors cautions CBN on CRR increase
The Bank Directors of Nigeria has expressed concern over the Central Bank of Nigeria’s recent increase in the Cash Reserve Ratio on public sector deposit from 50 per cent to 75 per cent. The directors, in a statement on Wednesday, observed that raising the ratio by 25 per cent just […]
