The Nation Newspaper CIS, ASHON voice concerns over proposed CBN Act amendment
The Chartered Institute of Stockbrokers and the Association of Securities Dealing Houses of Nigeria have raised concerns over the proposed amendments to the Central Bank of Nigeria independence, warning of potential adverse economic consequences.
President and chairman of the council of CIS, Oluropo Dada emphasised the pivotal role of the Central Bank in maintaining economic stability and preserving international credibility. Although both organisations acknowledged the merit of some proposed amendments aimed at enhancing corporate governance and compliance, they underlined the importance of taking into account the wider implications.
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