Mixed reactions trail CBN’s move to sanction bank CEOs
Shareholders have expressed mixed reactions to plans by the Central Bank of Nigeria (CBN) to sanction Chief Executive Officers (CEOs) of banks that fail to submit audited results of their banks after 12 months.
Update: Why CBN retained Monetary Policy Rate at 14%
The Central Bank of Nigeria (CBN), Wednesday, retained the Monetary Policy Rate at 14 % following the maiden meeting of the re-constituted Monetary Policy Committee (MPC), in Abuja.
Non passage of 2018 budget fuels MPR retention at 14% — experts
Some financial experts have attributed the retention of the Monetary Policy Ratio (MPR) at 14 per cent by the Central Bank of Nigeria (CBN) to non passage of the 2018 budget.
Banks demanding more collateral for corporate loans—CBN
THE Central Bank of Nigeria, CBN has said commercial banks have increased the collateral requirements demanded from all business sizes on new loan applications.
What MPC must do to boost economy, by stakeholders
AS the newly constituted Monetary Policy Committee (MPR) of the Central Bank of Nigeria (CBN) begins its first meeting tomorrow to decide on monetary policy direction for the next two months, financial market analysts have listed compelling reasons for the committee to end the two years old monetary tightening regime and lower the Monetary Policy Rate, MPR, to boost lending and enhance economic growth.
CBN recommends corporate bonds to finance houses
THE Central Bank of Nigeria, CBN, has recommended corporate bond issuance to finance houses (FHs) as a strategy for tackling the challenge of paucity of funds confronting the subsector.
