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CBN Authorises Foreign Banks To Give Loans In Dollar

The Central Bank of Nigeria on Monday, May 8, authorized foreign banks in the country to work with their parent companies in availing and syndicating foreign currency-denominated loans (dollar loans) to Nigerian companies. The apex bank said the policy aligns with its mandate to promote financial system stability. In the Guidelines for the Regulation of Representative…
Muhammad Musa Regulation Department Central Bank Representative Offices Foreign Banks Financial Policy

CBN Allows Foreign Banks to Give Loans in Dollar

Kindly share this postCentral Bank of Nigeria on Monday authorized foreign banks in the country to work with their parent companies in availing and syndicating foreign currency-denominated loans (dollar loans) to Nigerian companies. The apex bank said the policy aligns with its mandate to promote financial system stability. In the Guidelines for the Regulation of […]
Muhammad Musa Regulation Department Central Bank Representative Offices Foreign Banks Financial Policy

Interswitch Partners Credit Bank of Kenya, IFAD to Deepen Remittance

Kindly share this postAs part of sustained efforts to create solutions that enable individuals and communities prosper across the continent, Interswitch Group, Africaโ€™s leading integrated payments and digital commerce company, has announced a partnership with Kenyan lender, Credit Bank, the International Fund for Agricultural Development (IFAD) and Ria Money Transfer. The partnership, the company said […]
Muhammad Musa Regulation Department Central Bank Representative Offices Foreign Banks Financial Policy

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