CBN to quit as ‘Lender of Last Resort’ to banking system

12 September 2016, Lagos — The Central Bank of Nigeria (CBN) will soon stop performing its role as ‘lender of last resort’ to the banking system. CBN Governor, Mr. Godwin Emefiele disclosed this in Abuja at the annual Banking and Finance Conference of the Chartered Institute of Bankers of Nigeria, CIBN. In a keynote address […] More »