The Asset Management Corporation of Nigeria establishment bill 2010 has been unanimously passed by the Senate at its third reading, held on Wednesday, May 5, 2010.
Central Bank of Nigeria CommuniquÃ© No. 70 of the Monetary Policy Committee Meeting, May 10-11, 2010
The Monetary Policy Committee (MPC) met on 10th and 11th May, 2010 to review domestic economic conditions during the first four months of 2010 and the challenges facing the Nigerian economy against the backdrop of developments in the international economic and financial environments in order to reassess the course for monetary policy for the remainder […]
The attention of the Central Bank of Nigeria (CBN) has been drawn to insinuations in various quarters that the CBN had directed deposit Money Banks (DMBs) to stop granting credit facilities to Politically Exposed Persons (PEPs).
The Central Bank of Nigeria proposes to undertake, under its 2010 Capital Projects, the under listed projects:
The Financial Services Regulation Coordinating Committee (FSRCC) met on Friday May 21, 2010 with representatives of all member agencies in attendance. The Committee among other issues extensively discussed the need to issue clear-cut rules and guidelines on margin trading, to avert a repeat of the abuses and sharp practices that bedevilled margin trading in the […]
The N500 billion facility for investment in power projects and the real sector has been extended to the Aviation Industry. This means that the Airlines can now partake from the fund and those that are indebted to banks can refinance their loans and amortise them over a period of 10-15 years.
Central Bank Of Nigeria Invitation Of Suppliers For The Supply Of Furniture To The Bank Under The Year 2010 Budget.
The Central Bank of Nigeria requires the supply of furniture items to the Lokoja, Umuahia and Asaba Branches under the 2010 budget.
The Asset Management Corporation of Nigeria (AMCON) Bill has finally been passed, following its harmonization by the Committee set up by the two chambers of the National Assembly and its adoption on Wednesday, June 23, 2010 by the Senate. It will be recalled that the House of Representatives had earlier adopted the harmonized bill.
The Other Financial Institutions Supervision Department (OFISD) is organising the Half-yearly meeting of the Committee of Microfinance Banks in Nigeria (COMBIN), in three locations as scheduled
BULLION – a Quarterly Publication of the Bank is available on the CBN Website