CBN lauded over efforts to revamp economy
LAGOS—A Lagos based businessman, Otunba Adejare Rewane Adegbenro has commended the roles of the Central Bank of Nigeria, CBN, under its Governor, Mr. Godwin Emefiele in revamping the economy, saying the CBN has ensured strict implementation of President Muhammadu Buhari administration’s economic policies that drive growth and sustainability in the country.
Trade protection good for image of Nigeria’s economy – CBN Gov.
The Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele, says the use of trade protection as a monetary policy tool is good for resolving negative perceptions about any country.
Trade War: CBN calls for policies to protect Nigeria’s economy
Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele Wednesday said that Nigeria should take a cue from the ongoing global trade way by adopting policies to protect the local economy
CBN orders astronomical increase in capital base of Microfinance banks
THE Central Bank of Nigeria (CBN) has jerked up the minimum capital base for Micro-finance Banks (MfBs) by between 150 and 900 percent.
CBN revokes 9 micro-finance banks’ licences in Niger
The National Association of Micro Finance Banks on Monday said that nine out of the 34 micro finance banks in Niger have lost their operational banking licences.
CBN moves to reduce credit risk in mortgage financing
THE Central Bank of Nigeria (CBN) has announced the introduction of Mortgage Guarantee Companies (MGCs), aimed at reducing credit risk in the mortgage finance sector as well as increase access to mortgage loans.
