Lucidum Finance gets CBN’s Approval-In-Principle

has obtained approval in principle from the Central Bank of Nigeria to begin the process of setting up operations as a full-fledged finance company.

By fulfilling the requirements of the CBN Revised Guidelines for Finance Companies in Nigeria, the promoters of Lucidum Finance have now received the apex bank’s nod to proceed with the incorporation of the company and approval for its pioneer Board of Directors. The pioneer board of Lucidum Finance as approved by the banking industry regulator will comprise of five accomplished professionals, with a combined wealth of experience of over 120 years.

An Honorary Member of the Chartered Institute of Bankers Nigeria , Lekan holds a first-class honours degree in economics, a master’s degree in economics, and a master’s degree in Money, Banking & Finance. He is a British Chevening Scholar , and also the winner of the Chancellor’s Prize as the best all-around graduating student at the Olabisi Onabanjo University, Ogun State .

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

FG explains low-interest finance proposal for media housesMinister of Information and National Orientation, Mohammed Idris, has said that the Federal Government’s decision to extend single-digit interest-rate financing to media organisations in the country was part of President Bola Tinubu’s desire to support the media to thrive.
Source: GuardianNigeria - 🏆 1. / 94 Read more »

NGF trains senior state officials on how to access climate financeThe Nation Newspaper NGF trains senior state officials on how to access climate finance
Source: TheNationNews - 🏆 6. / 69 Read more »

FG secures $12m from U.S. to boost transparency in public financeThe Federal Government has secured a $12 million commitment from the United States (U.S.) to enhance transparency in the management
Source: GuardianNigeria - 🏆 1. / 94 Read more »