Banking Latest News National Assembly

Senate Confirms 3 CBN’s MPC-Member Nominees, Rejects One

The Senate today confirmed three nominees forwarded to it by the Executive for appointment as members of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) and rejected one. The upper legislative house confirmed Prof. Adeola Adenikinju, Dr. Aliyu Sanusi and Dr Robert Asogwa for appointment but refused to confirm Dr Asheikh […]

Banking Latest News National Assembly

IMF Urges FG On Confirmation of CBN’s Board-Member Nominees

The International Monetary Fund (IMF) has called on the Nigerian government to ensure the confirmation of nominees for appointments into the Board of the Central Bank of Nigeria (CBN) and members of its Monetary Policy Committee (MPC) . The Fund’s advice, which was contained in the IMF Article IV Consultation with Nigeria reflected that directors […]