BANKS’ access to government securities is to be restricted, Central Bank of Nigeria (CBN) Governor Godwin Emefiele said yesterday.
The Monetary Policy Committee (MPC), said the CBN boss, directed the apex bank to initiate policies or regulations that will facilitate the restriction.
Emefiele spoke at the end of the MPC meeting in Abuja.
He said: “In view of the abundant opportunities available to banks for unfettered access to...
MPC directs CBN to restrict banks access to bonds, treasury bills - The Nation