Announcement
14 Aug 2009
In August 2009, the government of Nigeria announced a change in private-sector financial support.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
14 Aug 2009
Revocation date:
No revocation date
Updated: 14 Aug 2009
Capital injection and equity stakes (including bailouts)
In force
The Central Bank of Nigeria on 14 August 2009 announced a 400 billion naira (USD 2'560'000'000) bail out for 5 banks after sacking the CEOs and executive directors of t...
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