The Central Bank of Nigeria has barred Deposit Money Banks and discount houses from recruiting new employees without first seeking the central bank’s written approval. The development followed the rising cases of fraud and the attendant recycling of dismissed employees in the financial services industry, according to a new CBN […]
Tag: Discount Houses
Nigeria’s Central Bank issues revised guidelines on Lending Windows
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) Friday issued a revised guideline to all Banks and Discount Houses in Nigeria on how to access the CBN’s Lending Windows and Repurchase Transactions. This is contained in a Circular dated July 26 2012 with reference number BSD/DIR/ GEN/LWR/ […]
