CBN to revise rules governing financial holding companies

Premium TImes about 3 hours 1 mins read

The CBN noted that the overhaul is necessary after years of implementing the existing framework introduced in 2014 to mitigate the risks arising from the conduct of non-core banking activities within banking groups.

The post CBN to revise rules governing financial holding companies appeared first on Premium Times Nigeria.

This article was sourced from an external publication.

Share this article

Comments (0)

Want to join the discussion?

Be the first to comment!

Economy

View All

Economy | 9h ago Why Nigerians must rethink wealth creation amid economic pressures – Ufot Business Day

Economy | 4d ago Nigeria, EU set to convene 10th Business Forum in Lagos The Guardian Nigeria

Economy | 5d ago Illegal Mining a Major Threat to Nigeria’s Economy, Security — NYC The Guardian Nigeria

$Nigeria to fund growth in a fracturing global economy$

Economy | 5d ago Nigeria to fund growth in a fracturing global economy Business Day

Trade & Commerce

View All

Trade & Commerce | 19d ago Eid Shoppers Hit By Soaring Sheep Prices In Ivory Coast Channels TV

Trade & Commerce | 20d ago Nigeria’s new yield trade is driving investors into commercial paper Business Day

Trade & Commerce | 20d ago IEI Floats N17.5bn Public Offer to Boost Capital Base, Operations, Others This Day

Import & Export | 26d ago John Enoh: Nigeria Spends $6bn Annually on Textile Imports This Day

Crypto

View All

Crypto | 1mo ago FTMining Launches Free Mining Service For BTC, ETH, XRP and DOGE Holders, With Daily Earnings of Up To $9,900? Complete Sports

Crypto | 1mo ago US freezes $344m in cryptocurrency linked to Iran Vanguard Nigeria

Crypto | 1mo ago US freezes $344 mn in cryptocurrency linked to Iran Vanguard Nigeria

Crypto | 1mo ago Bitcoin Price Movement Reflects Changing Conditions In Global Markets Channels TV

Forex

View All

Forex | 4h ago Middle East war pushes global growth to weakest rate since COVID 19 – World Bank Business Day

Forex | 7h ago SKLD Integrated Services quotes N7.30bn Commercial Papers on FMDQ Exchange Business Day

Forex | 7h ago Sunbeth quotes N150.41bn multi-series Commercial Papers on FMDQ Exchange Business Day

Forex | 10h ago CBN’s new FX manual may raise Dollar liquidity, enhance market confidence Vanguard Nigeria

Business

View All

Finance | 2h ago CBN to revise rules governing financial holding companies Premium TImes

Forex | 4h ago Middle East war pushes global growth to weakest rate since COVID 19 – World Bank Business Day

Business | 4h ago Six insurance firms’ eye N38.4bn profit in H1 Business Day

Business | 5h ago FG declares June 12 public holiday, reaffirms commitment to democratic values Business Day