Tag: Kingsley Moghalu

CBN to release guidelines for banking crisis resolution

The Central Bank of Nigeria has said it will take practical steps to prevent another crisis in the banking sector. It has, therefore, announced plan to release a comprehensive framework for the resolution of banking crisis. The Deputy Governor, Financial Systems Stability, CBN, Mr. Kingsley Moghalu, said at a forum […]

CBN returns N5bn illegal bank charges to customers

The Central Bank of Nigeria has said that it has recovered  and returned to customers a total of N5bn wrongfully taken from depositors by banks operating in the country. It also said it would focus on the protection of consumers of products being brought to the market by banks over […]