Central Bank Of Nigeria
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CBN urges states to curb reliance on short-term borrowing
The Central Bank of Nigeria's (CBN) recent engagement with sub-national stakeholders, facilitated by the Nigerian Governors’ Forum Secretariat, carries significant weight. The Deputy Governor, Dr. Muhammad Abdullahi, has issued a clear call for state governments to curb their dependence on overdrafts and short-term financing. This advisory is not merely a suggestion; it is a critical warning that …
FCMB Group Plc Appoints Adepeju Adebajo as Independent Non-Executive Director
FCMB Group Plc is pleased to announce the appointment of Adepeju Adebajo as an Independent Non-Executive Director to its board. This strategic addition, approved by the Central Bank of Nigeria, is poi…
