The Central Bank of Nigeria has commenced a risk-based examination or management of loan portofios of Deposit Money Banks to check inherent risks in their operations, investigation has revealed. Our correspondent gathered from a reliable source on Tuesday that the test, which was ongoing, was scheduled to hold for six […]
Tag: Central Bank of Nigeria
CBN, Stakeholders Reject Amendment To Exclude CBN Governor, Directors From CBN Board
The Central Bank of Nigeria (CBN) and some Stakeholders in Abuja on Monday, rejected a bill to amend the CBN Act to exclude the Governor, Deputies and Executive Directors from the board of the apex bank. The bill seeks to remove the CBN Governor as Chairman of the Board of the […]
Opposition as Reps move to abridge CBN autonomy
Stakeholders in the financial sector, including a former Minister of Finance, Mr. Adamu Ciroma, and an ex-Central Bank of Nigeria Governor, Chief Joseph Sanusi, on Monday, opposed the bid by the House of Representatives to tamper with the CBN autonomy. They cautioned the House against altering the globally accepted trend, […]
