Monday, February 24, 2020
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Central Bank of Nigeria CBN

IMF Urges CBN to Address Banking System Vulnerabilities

By Mathew Dadiya, Abuja An International Monetary Fund (IMF) has advised the Central Bank of Nigeria (CBN) redouble its action in dealing with the banking system vulnerabilities, commending the bank’s recent efforts at reducing legacy non-performing loans. The IMF noted that the introduction of risk-based minimum capital requirements by the CBN

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