CBN

The bank said such changes were “to make use of the experience of senior officials in different areas of responsibility and to support evolving institutional priorities.”

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The CBN confirmed that 33 banks had met the revised minimum capital requirements established under the programme.

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The Centre for the Promotion of Private Enterprise (CPPE) has commended the Central Bank of Nigeria (CBN) over the successful implementation of its bank recapitalisation programme, revealing that 32 banks have met the new minimum capital requirements.

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The Central Bank of Nigeria, CBN, has constituted a high-powered legal team of Senior Advocates of Nigeria, SANs, to challenge the judgment of the Federal High Court in Lagos which nullified its takeover of Union Bank of Nigeria Plc and ordered the reinstatement of the bank’s former board.

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Cardoso also restated the CBN’s commitment to entrenching robust corporate governance in Nigeria’s financial system.

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The Central Bank of Nigeria (CBN) has reaffirmed its commitment to deepening engagement with the academic and research community as Nigeria progresses toward a fully-fledged Inflation Targeting (IT) monetary policy regime.

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