Browsing Tag
financial institutions
2 posts
CBN Orders Nigerian Banks to Limit Insider Lending
CBN Cracks Down on Insider Lending, Threatens Regulatory Sanctions
In a bid to strengthen corporate governance and curb excessive exposure to influential insiders, the Central Bank of Nigeria (CBN) has issued a stern directive mandating commercial banks to comply with … Continue Reading
CBN Greenlights Unity Bank, Providus Bank Merger with Financial Support
The Central Bank of Nigeria (CBN) has granted approval for the proposed merger between Unity Bank Plc and Providus Bank Limited, a move aimed at bolstering the stability of the nation’s financial system and averting potential systemic risks.
According to … Continue Reading