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CBN Investigator Probes Bank CEOs Over Anchor Borrowers Programme, Other CBN Schemes - Vimarsana News

CBN Investigator Probes Bank CEOs Over Anchor Borrowers Programme, Other CBN Schemes

The Special Investigator appointed by President Tinubu to Probe CBN activities under Godwin Emefiele is reportedly moving to investigate bank CEOs.

Source: legit.ng
What's in a name? Unravelling NIRSAL MFB vs NIRSAL PLC conundrum - Vimarsana News

What's in a name? Unravelling NIRSAL MFB vs NIRSAL PLC conundrum

The primary function of NIRSAL PLC is to provide risk-mitigation services for financial institutions, including banks and microfinance banks when lending to the agricultural sector.

Banks' Borrow N3.03trn From CBN, Up By 835% In 22 Days - Vimarsana News

Banks' Borrow N3.03trn From CBN, Up By 835% In 22 Days

The dependence of the Nigerian banking sector on the Central Bank of Nigeira (CBN) soared this month with banks’ borrowings from the apex bank jumping from

Cardoso faces tough test amid FX crisis, rising rates - Vimarsana News

Cardoso faces tough test amid FX crisis, rising rates

The newly nominated Governor of the Central Bank of Nigeria, Yemi Cardoso, has to tackle the country’s foreign exchange shortage and the double-digit interest rate that hurts businesses. He also has a Herculean task of taming the accelerating inflation rate, writes SAMI OLATUNJI

CBN Combs Accounts, Debits Beneficiaries to Recover COVID-19 Loans as Debtors Recount Experiences - Vimarsana News

CBN Combs Accounts, Debits Beneficiaries to Recover COVID-19 Loans as Debtors Recount Experiences

The Central Bank of Nigeria has begun debiting accounts of beneficiaries of the COVID-19 loans granted in 2020 under the Targeted Credit Facilities scheme.

Source: legit.ng