The bank in a circular stated that it is expedient to enrol these institutions on the platform as part of its efforts to promote a safe and sound financial system in the country.
Browsing: Kevin Amugo
The implementation of the policy kicked-off on August 1
The Bank said this in a circular signed by the Director, Financial Policy and Regulation Department, Kevin Amugo, on Wednesday in Abuja
The Central Bank of Nigeria has released guidelines for operations of the N100 billion credit support for the healthcare sector following the outbreak of COVID-19 in the country.
The Central Bank of Nigeria says the revised categories of MicroFinance Banks, which give them up to April 2020 to recapitalise, is to ensure their continued operations in the economy.
This was contained in a circular signed by Kevin Amugo, the apex bank’s Director of Financial Policy and Regulation Department, and issued to all BDCs on Friday in Abuja