The Central Bank of Nigeria (CBN) has confirmed that 20 commercial banks have successfully met the newly introduced minimum capital requirements under the ongoing recapitalisation programme. CBN Governor Yemi Cardoso announced the development in Abuja while presenting the communiqué following the apex bank’s 304th Monetary Policy Committee meeting. The recapitalisation initiative, unveiled in March 2024, … Continue reading 20 Nigerian Banks Meet New Capital Requirements As CBN Recapitalisation Drive Gains Momentum