Tag: Lamido Sanusi

Monetary tightening more likely than easing – CBN

The Central Bank of Nigeria is more likely to tighten monetary policy than ease it in the months ahead, the Governor, CBN, Mr. Lamido Sanusi, has said. “We’re likely to remain where we are but if we’re going to move at all, we’re more likely to tighten than to ease,” […]

CBN to inaugurate N200bn MSME fund Thursday

The Central Bank of Nigeria has said a N200bn Micro Small and Medium Enterprise Fund will be inaugurated on Thursday. The fund, which targets women entrepreneurs for 60 per cent intervention, has credit, insurance, capacity building and interest draw back elements. The bank also unveiled plans to introduce financial literacy […]

Ranking: Analysts call for fresh recapitalisation of banks

Economists have asked the Governor, Central Bank of Nigeria, Mr. Lamido Sanusi, to consider instituting a fresh recapitalisation of the nation’s banks to make them bigger than what they are currently. They spoke against the backdrop of last week’s ranking of top 1000 world banks by The Banker magazine of […]