Central Bank Of Nigeria
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CBN urges states to curb reliance on short-term borrowing
- The Central Bank of Nigeria (CBN) has advised state governments to reduce their reliance on short-term borrowing and overdrafts. - The CBN warned that fiscal indiscipline at the state level could hinder the country's move towards an inflation-targeting monetary policy. - States are urged to improve fiscal discipline, ensure debt sustainability, enhance revenue forecasting, and prioritize expendiโฆ
FCMB Group Plc Appoints Adepeju Adebajo as Independent Non-Executive Director
- FCMB Group Plc appointed Adepeju Adebajo as an Independent Non-Executive Director. - The appointment, approved by the Central Bank of Nigeria, aims to strengthen the board and support transformationโฆ