Nigeria Naira Loan Collateral

Economy
Nigeria Central Bank Tightens Rules on Foreign Currency Collateral

by Victor Adetimilehin April 9, 2024

by Victor Adetimilehin April 9, 2024

Nigeria’s Central Bank (CBN) announced a new policy on April 8th, 2024, restricting the use of foreign currency-denominated collateral for naira loans. This move is intended to safeguard the banking …

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Nigeria Naira Loan Collateral

Nigeria Central Bank Tightens Rules on Foreign Currency Collateral

Latest Articles