Senate Mulls Six Years Single Term For CBN Gov
The Senate has set a machinery in motion for amendment of the Central Bank of Nigeria ( CBN ) Act 2007, which will among others, make tenureship of Governor of the apex bank, a six year single term as against renewable five years in the extant Act. It also proposes N1trillion recapitalization for commercial banks which presently stands at N100billion. As the Senate moves for sweeping reforms in […]
