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Posts matching Mpc

Central Bank of Nigeria Act

2016-12-20 10:30 AM | by Nigeria Compliancehub

This is an Act to repeal the Central Bank of Nigeria Act 1991 and to establish the Central Bank of Nigeria Act; and for related matters. 

The principal objects of the Bank shall be to ensure monetary and price stability; issue legal tender currency… Read more

Community Banks Act

2016-12-20 11:25 AM | by Nigeria Compliancehub

This is an Act to provide for the establishment of Community Banks and to establish their functions which include accepting from persons various types of deposits, including savings and time and target deposits; issuing for… Read more

Mortgage Institutions Act

2016-12-20 11:35 AM | by Nigeria Compliancehub

An Act to make provisions for establishment and licensing of mortgage institutions to grant loans and advance to individuals for the purchase or construction of a dwelling house; improvement or extension of an existing dwelling house; and to accept savings and deposits from members of the… Read more

CBN not over funding Nigerian Government – Emefiele

2017-09-27 11:49 AM | by Nigeria Compliancehub

The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele has stated that the apex bank was neither over-funding the Federal government nor was it operationally stressed in anyway.

Speaking at the press briefing to announce the decisions taken by its Monetary Policy Committee (MPC) in Abuja, Emefiele said the CBN will… Read more

Buhari appoints new CBN deputy governor, MPC members

2017-10-06 11:20 AM | by Nigeria Compliancehub

President Muhammadu Buhari has presented Aishah Ahmad to the Senate for confirmation as Deputy Governor of the Central Bank of Nigeria, CBN. She is to replace a former Deputy Governor, who retired early this year.

In accordance with the provisions of Section 8(1) (2) of the Central Bank of Nigeria (Establishment)… Read more

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