Investor Presentaiton
Key Regulatory & Policy Changes
MPR
the
retained at 11.5% and
asymmetric corridor remain unchanged
at +100/-700bps.
■ Also, CRR and Liquidity Ratio were kept
at 27.5% and 30.0% respectively.
■ The Finance Act 2020 took effect from
January 1, 2021.
■ 2021 appropriation bill signed off with an
increase in aggregate revenue and
planned expenditure.
JAN 2021
FEB 2021
CBN issued regulatory framework for
Open Banking in Nigeria.
for
- SEC released general rules
Collective Investment Schemes
prescribing that all units/securities of
a collective investment scheme shall
be registered by the Commission.
CBN extends regulatory forbearance
for restructured loans impacted by
Covid-19 for another 12 months.
■
MPC left all policy rates (MPR, CRR and
Liquidity Ratio) unchanged at its March
2021 meeting.
CBN introduced Naira-for-Dollar Scheme,
a N5 per $ incentive to retail beneficiaries
of international money transfers through
only the IMTOS.
Headline Inflation hit 18.17% in March
2021 from 17.33% in Feb 2021, making it
the 19th consecutive M-o-M increase and
the highest inflation figure since Jan 2017.
MAR 2021
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