July 27th 2020

Tribune Online
CBN warns banks against diversion of non-interest intervention funds

THE Central Bank of Nigeria (CBN) has warned that Participating Financial Institutions (PFIs) in the non-interest intervention programmesthat engage in diversion of funds risk a penalty at its maximum financing rate at the time of the infraction and such (PFIs) shall be barred from further participation under the scheme by the Banks and Other Financial […]

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CBN warns banks against diversion of non-interest intervention funds
Tribune Online

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