Tag: Africa Economy; Nigeria
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NIGERIAN BANKS EYE FINISHING LINE ON RECAPITALISATION
NIGERIAN BANKS EYE FINISHING LINE ON RECAPITALISATION That is when they must show they’ve met the new capital requirements set by the Central Bank of Nigeria (CBN) for lenders operating in the country. In March 2024, banks were given two years by the financial system regulator to meet the new targets. The banks with both…
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