studiocb55

studiocb55

Mandates 51% Ownership of Subsidiaries

CBN Proposes New Rules to Stop HoldCos from Influencing Bank Loans, Mandates 51% Ownership of Subsidiaries

The Central Bank of Nigeria (CBN) has unveiled a draft regulatory framework aimed at strengthening corporate governance and reducing risks within the country’s financial system. Under the proposed guidelines, Financial Holding Companies (HoldCos) will no longer be allowed to participate…