The Acting Director, Corporate Communications Department, Hakama Sidi Ali, confirmed this on Thursday in Abuja.
Browsing: CBN
The apex bank however retained the Cash Reserve Ratio, CRR of commercial banks to 45% but adjusted upward the CRR of merchant banks from 10% to 14%.
This was disclosed by the CBN’s Acting Director of Corporate Communications, Hakama Sidi Ali, in Abuja on Wednesday
The new report is titled: “Navigating the Horizon: Charting the Course for Banks amid Plans for Recapitalisation.”
But one thing they sure may not want to take this time around is someone raising their hopes to dash it again.
The witness is an investigator with the Independent Corrupt Practices and other related offences Commission.
The CBN had raised concerns over the money to Binance Nigeria over the past year from “unidentified sources”.
The CBN offered an oversubscribed N500 billion at the Open Market Operations auction, selling N1.053 trillion.
This was revealed in a circular by Dr. Hassan Mahmud, the Director of Trade and Exchange Department of the CBN.
Cardoso disclosed this on Tuesday at a press briefing after the 293rd meeting of the Monetary Policy Committee in Abuja.
The CBN Governor, Olayemi Cardoso, disclosed this while reading the communiqué of the first MPC meeting of the year on Tuesday in Abuja.
Its Founder, Dr Muda Yusuf, gave the advice on Sunday in Lagos via a statement.
Haruna Mustapha, Director, Financial Policy and Regulation Department of the CBN, said this.
The guidelines seek to enhance the regulatory framework for BDC operations.
This was sequel to the consideration of a report of the Senate Committee On Banking, Insurance and other Financial Institutions Committee of the CBN.
The LCCI said this in a press release issued late on Wednesday, by its Director General, Dr. Chinyere Almona.
This is contained in a statement by the Head, Strategic Communication at ONSA, Zakari Mijinyawa, on Tuesday in Abuja.
It was launched by ex-President Muhammadu Buhari to create a link between anchor firms and small holder farmers.
The Presidency spoke on Sunday following the criticism of President Bola Tinubu by Abubakar on Sunday.
Cardoso had a remarkable private sector career where he shone brilliantly in banking, stockbroking and consulting.