In the bid to strengthen the nation's financial system, the Central Bank of Nigeria (CBN) has unveiled new minimum capital requirements for banks recapitalisation in the next 24 months, reports ITREALMS.
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Showing posts with label Recapitalise. Show all posts
Showing posts with label Recapitalise. Show all posts
Thursday, March 28, 2024
CBN to banks: Recapitalise in 24 months - ITREALMS
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In the bid to strengthen the nation's financial system, the Central Bank of Nigeria (CBN) has unveiled new minimum capital requirements for banks recapitalisation in the next 24 months, reports ITREALMS.
CBN also pegged the minimum capital base for commercial banks with international authorisation at N500 billion.
In the bid to strengthen the nation's financial system, the Central Bank of Nigeria (CBN) has unveiled new minimum capital requirements for banks recapitalisation in the next 24 months, reports ITREALMS.
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