Loan Digest

Senate panel: No plan to strip CBN of power to set interest rate

  • 📰 thecableng
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 80%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

The senate committee on banking, insurance, and other financial institutions, says the national assembly does not plan to transfer interest

rate decisions from the Central Bank of Nigeria to a committee.

In a statement on Friday, Uche Uwaleke, special adviser to the chairman, senate committee on banking, insurance, and other financial institutions, said the reports are false. The committee said its objective is neither to usurp the roles of the monetary policy committee of the bank nor weaken the instrument independence of the CBN.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in LOANS

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Senate to strip CBN of powers to set interest ratesThe Nation Newspaper Senate to strip CBN of powers to set interest rates
Source: TheNationNews - 🏆 6. / 69 Read more »

Senate pledges to unravel N30tr CBN loan to FGThe Senator representing Anambra Central, Victor Umeh, has said that the National Assembly is concerned about the current
Source: GuardianNigeria - 🏆 1. / 94 Read more »