• About
  • Advertise
  • Privacy & Policy
  • Contact
Thebizhub
2024 Insurance Industry Report
  • Home
  • Economy
    • All
    • 1-2
    • Breaking
    • Business
    • Economy
    • Latest
    • Markets
    • New Post
    • Nigeria
    • Politics
    • Regulations
    • Sports
    • Uncategorized
    Banking Sector Strengthens as Capital Adequacy Ratio Hits 15.2%, Liquidity 49.06%

    Amid 27.50% MPR, Economic Challenges, Prime Lending Rate Rise to 18.19%

    FG fines Multichoice N766m over privacy breaches

    FG fines Multichoice N766m over privacy breaches

    Despite Economic Downturn, Nigeria’s Non-pension AuM Up 71% to N10.1trn

    Despite Economic Downturn, Nigeria’s Non-pension AuM Up 71% to N10.1trn

    Food inflation: NSA, 36 states launch joint action

    Food inflation: NSA, 36 states launch joint action

    Petrol imports drop 54% as Dangote boost supply

    Petrol imports drop 54% as Dangote boost supply

    World Bank retains Nigeria’s growth at 3.6%

    World Bank retains Nigeria’s growth at 3.6%

    Petrol: 6 depots slash prices as competition heightens in downstream sector

    Petrol: 6 depots slash prices as competition heightens in downstream sector

    Market capitalisation hits N70.89tr as 36 stocks close in green

    Market capitalisation hits N70.89tr as 36 stocks close in green

    Sixteen years after meltdown, NGX market cap surges by 347.5%

    Sixteen years after meltdown, NGX market cap surges by 347.5%

    Trending Tags

    • Sports
      • All
      • 1-2
      • Breaking
      • Business
      • Economy
      • Latest
      • Markets
      • New Post
      • Nigeria
      • Politics
      • Regulations
      • Sports
      • Uncategorized
      Banking Sector Strengthens as Capital Adequacy Ratio Hits 15.2%, Liquidity 49.06%

      Amid 27.50% MPR, Economic Challenges, Prime Lending Rate Rise to 18.19%

      FG fines Multichoice N766m over privacy breaches

      FG fines Multichoice N766m over privacy breaches

      Despite Economic Downturn, Nigeria’s Non-pension AuM Up 71% to N10.1trn

      Despite Economic Downturn, Nigeria’s Non-pension AuM Up 71% to N10.1trn

      Food inflation: NSA, 36 states launch joint action

      Food inflation: NSA, 36 states launch joint action

      Petrol imports drop 54% as Dangote boost supply

      Petrol imports drop 54% as Dangote boost supply

      World Bank retains Nigeria’s growth at 3.6%

      World Bank retains Nigeria’s growth at 3.6%

      Petrol: 6 depots slash prices as competition heightens in downstream sector

      Petrol: 6 depots slash prices as competition heightens in downstream sector

      Market capitalisation hits N70.89tr as 36 stocks close in green

      Market capitalisation hits N70.89tr as 36 stocks close in green

      Sixteen years after meltdown, NGX market cap surges by 347.5%

      Sixteen years after meltdown, NGX market cap surges by 347.5%

      Trending Tags

      • Markets
        • All
        • 1-2
        • Breaking
        • Business
        • Economy
        • Latest
        • Markets
        • New Post
        • Nigeria
        • Politics
        • Regulations
        • Sports
        • Uncategorized
        Banking Sector Strengthens as Capital Adequacy Ratio Hits 15.2%, Liquidity 49.06%

        Amid 27.50% MPR, Economic Challenges, Prime Lending Rate Rise to 18.19%

        FG fines Multichoice N766m over privacy breaches

        FG fines Multichoice N766m over privacy breaches

        Despite Economic Downturn, Nigeria’s Non-pension AuM Up 71% to N10.1trn

        Despite Economic Downturn, Nigeria’s Non-pension AuM Up 71% to N10.1trn

        Food inflation: NSA, 36 states launch joint action

        Food inflation: NSA, 36 states launch joint action

        Petrol imports drop 54% as Dangote boost supply

        Petrol imports drop 54% as Dangote boost supply

        World Bank retains Nigeria’s growth at 3.6%

        World Bank retains Nigeria’s growth at 3.6%

        Petrol: 6 depots slash prices as competition heightens in downstream sector

        Petrol: 6 depots slash prices as competition heightens in downstream sector

        Market capitalisation hits N70.89tr as 36 stocks close in green

        Market capitalisation hits N70.89tr as 36 stocks close in green

        Sixteen years after meltdown, NGX market cap surges by 347.5%

        Sixteen years after meltdown, NGX market cap surges by 347.5%

        Trending Tags

        • Regulations
          • All
          • 1-2
          • Breaking
          • Business
          • Economy
          • Latest
          • Markets
          • New Post
          • Nigeria
          • Politics
          • Regulations
          • Sports
          • Uncategorized
          Banking Sector Strengthens as Capital Adequacy Ratio Hits 15.2%, Liquidity 49.06%

          Amid 27.50% MPR, Economic Challenges, Prime Lending Rate Rise to 18.19%

          FG fines Multichoice N766m over privacy breaches

          FG fines Multichoice N766m over privacy breaches

          Despite Economic Downturn, Nigeria’s Non-pension AuM Up 71% to N10.1trn

          Despite Economic Downturn, Nigeria’s Non-pension AuM Up 71% to N10.1trn

          Food inflation: NSA, 36 states launch joint action

          Food inflation: NSA, 36 states launch joint action

          Petrol imports drop 54% as Dangote boost supply

          Petrol imports drop 54% as Dangote boost supply

          World Bank retains Nigeria’s growth at 3.6%

          World Bank retains Nigeria’s growth at 3.6%

          Petrol: 6 depots slash prices as competition heightens in downstream sector

          Petrol: 6 depots slash prices as competition heightens in downstream sector

          Market capitalisation hits N70.89tr as 36 stocks close in green

          Market capitalisation hits N70.89tr as 36 stocks close in green

          Sixteen years after meltdown, NGX market cap surges by 347.5%

          Sixteen years after meltdown, NGX market cap surges by 347.5%

          Trending Tags

          No Result
          View All Result
          • Home
          • Economy
            • All
            • 1-2
            • Breaking
            • Business
            • Economy
            • Latest
            • Markets
            • New Post
            • Nigeria
            • Politics
            • Regulations
            • Sports
            • Uncategorized
            Banking Sector Strengthens as Capital Adequacy Ratio Hits 15.2%, Liquidity 49.06%

            Amid 27.50% MPR, Economic Challenges, Prime Lending Rate Rise to 18.19%

            FG fines Multichoice N766m over privacy breaches

            FG fines Multichoice N766m over privacy breaches

            Despite Economic Downturn, Nigeria’s Non-pension AuM Up 71% to N10.1trn

            Despite Economic Downturn, Nigeria’s Non-pension AuM Up 71% to N10.1trn

            Food inflation: NSA, 36 states launch joint action

            Food inflation: NSA, 36 states launch joint action

            Petrol imports drop 54% as Dangote boost supply

            Petrol imports drop 54% as Dangote boost supply

            World Bank retains Nigeria’s growth at 3.6%

            World Bank retains Nigeria’s growth at 3.6%

            Petrol: 6 depots slash prices as competition heightens in downstream sector

            Petrol: 6 depots slash prices as competition heightens in downstream sector

            Market capitalisation hits N70.89tr as 36 stocks close in green

            Market capitalisation hits N70.89tr as 36 stocks close in green

            Sixteen years after meltdown, NGX market cap surges by 347.5%

            Sixteen years after meltdown, NGX market cap surges by 347.5%

            Trending Tags

            • Sports
              • All
              • 1-2
              • Breaking
              • Business
              • Economy
              • Latest
              • Markets
              • New Post
              • Nigeria
              • Politics
              • Regulations
              • Sports
              • Uncategorized
              Banking Sector Strengthens as Capital Adequacy Ratio Hits 15.2%, Liquidity 49.06%

              Amid 27.50% MPR, Economic Challenges, Prime Lending Rate Rise to 18.19%

              FG fines Multichoice N766m over privacy breaches

              FG fines Multichoice N766m over privacy breaches

              Despite Economic Downturn, Nigeria’s Non-pension AuM Up 71% to N10.1trn

              Despite Economic Downturn, Nigeria’s Non-pension AuM Up 71% to N10.1trn

              Food inflation: NSA, 36 states launch joint action

              Food inflation: NSA, 36 states launch joint action

              Petrol imports drop 54% as Dangote boost supply

              Petrol imports drop 54% as Dangote boost supply

              World Bank retains Nigeria’s growth at 3.6%

              World Bank retains Nigeria’s growth at 3.6%

              Petrol: 6 depots slash prices as competition heightens in downstream sector

              Petrol: 6 depots slash prices as competition heightens in downstream sector

              Market capitalisation hits N70.89tr as 36 stocks close in green

              Market capitalisation hits N70.89tr as 36 stocks close in green

              Sixteen years after meltdown, NGX market cap surges by 347.5%

              Sixteen years after meltdown, NGX market cap surges by 347.5%

              Trending Tags

              • Markets
                • All
                • 1-2
                • Breaking
                • Business
                • Economy
                • Latest
                • Markets
                • New Post
                • Nigeria
                • Politics
                • Regulations
                • Sports
                • Uncategorized
                Banking Sector Strengthens as Capital Adequacy Ratio Hits 15.2%, Liquidity 49.06%

                Amid 27.50% MPR, Economic Challenges, Prime Lending Rate Rise to 18.19%

                FG fines Multichoice N766m over privacy breaches

                FG fines Multichoice N766m over privacy breaches

                Despite Economic Downturn, Nigeria’s Non-pension AuM Up 71% to N10.1trn

                Despite Economic Downturn, Nigeria’s Non-pension AuM Up 71% to N10.1trn

                Food inflation: NSA, 36 states launch joint action

                Food inflation: NSA, 36 states launch joint action

                Petrol imports drop 54% as Dangote boost supply

                Petrol imports drop 54% as Dangote boost supply

                World Bank retains Nigeria’s growth at 3.6%

                World Bank retains Nigeria’s growth at 3.6%

                Petrol: 6 depots slash prices as competition heightens in downstream sector

                Petrol: 6 depots slash prices as competition heightens in downstream sector

                Market capitalisation hits N70.89tr as 36 stocks close in green

                Market capitalisation hits N70.89tr as 36 stocks close in green

                Sixteen years after meltdown, NGX market cap surges by 347.5%

                Sixteen years after meltdown, NGX market cap surges by 347.5%

                Trending Tags

                • Regulations
                  • All
                  • 1-2
                  • Breaking
                  • Business
                  • Economy
                  • Latest
                  • Markets
                  • New Post
                  • Nigeria
                  • Politics
                  • Regulations
                  • Sports
                  • Uncategorized
                  Banking Sector Strengthens as Capital Adequacy Ratio Hits 15.2%, Liquidity 49.06%

                  Amid 27.50% MPR, Economic Challenges, Prime Lending Rate Rise to 18.19%

                  FG fines Multichoice N766m over privacy breaches

                  FG fines Multichoice N766m over privacy breaches

                  Despite Economic Downturn, Nigeria’s Non-pension AuM Up 71% to N10.1trn

                  Despite Economic Downturn, Nigeria’s Non-pension AuM Up 71% to N10.1trn

                  Food inflation: NSA, 36 states launch joint action

                  Food inflation: NSA, 36 states launch joint action

                  Petrol imports drop 54% as Dangote boost supply

                  Petrol imports drop 54% as Dangote boost supply

                  World Bank retains Nigeria’s growth at 3.6%

                  World Bank retains Nigeria’s growth at 3.6%

                  Petrol: 6 depots slash prices as competition heightens in downstream sector

                  Petrol: 6 depots slash prices as competition heightens in downstream sector

                  Market capitalisation hits N70.89tr as 36 stocks close in green

                  Market capitalisation hits N70.89tr as 36 stocks close in green

                  Sixteen years after meltdown, NGX market cap surges by 347.5%

                  Sixteen years after meltdown, NGX market cap surges by 347.5%

                  Trending Tags

                  No Result
                  View All Result
                  Thebizhub
                  No Result
                  View All Result
                  Home Breaking

                  CBN introduces financial instruments to deepen non-interest banking sector

                  Vanguard | May 28, 2025
                  CBN policies may lower inflation to 22.1% – W’Bank
                  0
                  SHARES
                  9
                  VIEWS
                  Share on FacebookShare on TwitterWhatsapp

                  The Central Bank of Nigeria,  CBN, has introduced three non-interest financial instruments with the aim of deepening the non- interest financial markets.

                  The non-interest financial instruments consist of the  deployment of the Nigerian Non-Interest Financial Institutions’ Master Repurchase Agreement (NNMRA), The Commencement of Auction of the CBN Non-Interest Asset-Backed Securities (CNI-ABS) and CBN Non-Interest Note (CNIN).

                  In a circular signed by its Acting Director,  Financial Markets Department, Okey Umeano, the CBN directed all eligible and authorized participants to take necessary measures to integrate the instruments into their operations and ensure compliance with extant guidelines, circulars and relevant regulatory frameworks.

                  It also warned that participants are not allowed to access the Banks’ discount window on CNI-ABS and CNIN auction days.

                  The CBN said: “As part of the Central Bank of Nigeria’s (CBN or the Bank) ongoing effort to develop the non- interest financial markets, and in a bid to enhance the adoption and effective utilization of the Bank’s non-interest financial instruments, strengthen market participation, and further deepen the non-interest financial markets, the Bank hereby announces as follows.

                  “The Deployment of the Nigerian Non-Interest Financial Institutions’ Master Repurchase Agreement: This Contractual Agreement aims to standardize and regulate the conduct of repurchase (repo) transactions in the Non-Interest Banking sector, establish an internationally acceptable guide and define responsibilities for counterparties including the Central Bank of Nigeria.

                  “The Commencement of Auction of the CBN Non-Interest Asset-Backed Securities: The CNI-ABS is a liquidity management instrument backed by tangible underlying assets and structured in accordance with non-interest finance principles.

                  “The introduction of CNI-ABS aims to provide the non-interest banks with a non-interest financial instrument which supports the Bank’s liquidity management objectives.

                  “The Commencement of Auction of the CBN Non-Interest Note:The CNIN is another non-interest financial instrument developed by the Bank evidencing an interest free loan between the eligible participants and the Bank. It complements the existing non-interest financial instruments by providing an additional avenue for liquidity management through periodic auctions.

                  “Please refer to the “Revised Guidelines for the Operation of Non-Interest Financial Institutions’ Instruments by the Central Bank of Nigeria, 2022″, for further details.

                  “In view of these developments, all eligible and authorized participants are required to take necessary measures to integrate these instruments into their operations and ensure compliance with extant guidelines, circulars and relevant regulatory frameworks. Note that participants are not allowed to access the Banks’ discount window on CNI-ABS and CNIN auction days.

                  “The Bank will continue to monitor market developments and provide further guidance as may be necessary.”

                   

                  Previous Post

                  EFCC intervenes as hackers steal billions from six Nigerian banks

                  Next Post

                  We are ending era of wasteful, opaque tax waivers, says Tinubu

                  Precious Echuaka

                  Precious Echuaka

                  Next Post
                  We are ending era of wasteful, opaque tax waivers, says Tinubu

                  We are ending era of wasteful, opaque tax waivers, says Tinubu

                  Opinion Poll

                  2023 Insurance Industry Report2023 Insurance Industry Report2023 Insurance Industry Report
                  FSDHFSDHFSDH
                  • Trending
                  • Comments
                  • Latest
                  CBN sells $10.3bn at FX market in six months

                  ABCON seeks creation of BDC autonomous market as FX volatility continues

                  May 13, 2022
                  Analysts Call for Urgent Action to Avert Collapse of Wheat Value Chain

                  Analysts Call for Urgent Action to Avert Collapse of Wheat Value Chain

                  May 16, 2022
                  News of impending flood sends jitters across Ogun, Lagos communities

                  News of impending flood sends jitters across Ogun, Lagos communities

                  August 22, 2020
                  ‘Cryptocurrency remains stable amid fluctuations’

                  ‘Digital assets will become more popular’

                  January 7, 2021
                  Banking Sector Strengthens as Capital Adequacy Ratio Hits 15.2%, Liquidity 49.06%

                  Amid 27.50% MPR, Economic Challenges, Prime Lending Rate Rise to 18.19%

                  August 11, 2025
                  FG fines Multichoice N766m over privacy breaches

                  FG fines Multichoice N766m over privacy breaches

                  July 7, 2025
                  Despite Economic Downturn, Nigeria’s Non-pension AuM Up 71% to N10.1trn

                  Despite Economic Downturn, Nigeria’s Non-pension AuM Up 71% to N10.1trn

                  July 2, 2025
                  Food inflation: NSA, 36 states launch joint action

                  Food inflation: NSA, 36 states launch joint action

                  June 20, 2025

                  Recent News

                  Banking Sector Strengthens as Capital Adequacy Ratio Hits 15.2%, Liquidity 49.06%

                  Amid 27.50% MPR, Economic Challenges, Prime Lending Rate Rise to 18.19%

                  August 11, 2025
                  FG fines Multichoice N766m over privacy breaches

                  FG fines Multichoice N766m over privacy breaches

                  July 7, 2025
                  Despite Economic Downturn, Nigeria’s Non-pension AuM Up 71% to N10.1trn

                  Despite Economic Downturn, Nigeria’s Non-pension AuM Up 71% to N10.1trn

                  July 2, 2025
                  Food inflation: NSA, 36 states launch joint action

                  Food inflation: NSA, 36 states launch joint action

                  June 20, 2025
                  Thebizhub

                  Powered by Agusto & Co.

                  • About
                  • Advertise
                  • Privacy & Policy
                  • Contact

                  ©2019 Thebizhub.ng .All Rights Reserved

                  No Result
                  View All Result
                  • Home
                  • Economy
                  • Sports
                  • Markets
                  • Regulations

                  ©2019 Thebizhub.ng .All Rights Reserved