We refer to the publication by Business Day Newspaper with the title ‘Third-Quarter Earnings of Banks with Equity in CDL May Drop’ in its today’s edition. The newspaper had reported that Access Bank has equity and deposit exposures to Consolidated Discount House Ltd (‘CDL’), a company which is reported to […]
Tag: Central Bank of Nigeria
Risk management in banks at rudimentary stage  CBN
The Central Bank of Nigeria on Wednesday said risk management practices among financial institutions in the country was still at a ‘rudimentary stage.’ The Deputy Governor, Financial System Stability, Dr. Kingsley Moghalu, in a keynote address at the Moody’s Analytics 2nd Annual West Africa’s Risk Management Conference in Lagos, said […]
CBN Communiqué No. 91 of the MPC Meeting of Monday and Tuesday, Sept 23 and 24, 2013
The Monetary Policy Committee met on September 23 and 24, 2013, with all of the 12 members in attendance. The Committee reviewed the economic conditions and challenges that confronted the domestic economy up to September, particularly since the last MPC meeting in July 2013. It re-assessed the short-to-medium term risks […]
