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CBN, Consumer production, Central Bank of Nigeria

CBN issues ‘disclosure, transparency guidelines’ on Consumer Protection Framework

Victor Ogunyinka The Central Bank of Nigeria (CBN) has issued guidelines on disclosure and transparency Consumer Protection Framework (CPF). The guidelines, according to CBN is to give effect to the Disclosure and Transparency Principle contained in the Consumer Protection Framework (CPF) for institutions regulated by the CBN. The Guidelines provide minimum Disclosure and Transparency requirements
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CBN’s 5-year plan: Chasing shadows with a charmed audience (2)

THE discourse, this week, relates to the implications of the CBN Governor’s plan for banks “to increase their capital base above the present N25bn”, which incidentally, was equivalent, to $195m (N127-N130=$1) in 2004, but has become seriously eroded to barely $75m today! Notwithstanding, CBN Governor, Godwin Emefiele did not reveal how the inexplicably, battered Naira Exchange Rate, which is actually, the prime cause of the sliding value of the capital base of Nigerian banks will be rescued.

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