CBN Considers Raising Banks’ Capital Base to N900bn

In a recent report, it has been projected that the Central Bank of Nigeria (CBN) is contemplating urging commercial banks holding international banking licenses to increase their capital base to over N900 billion. This move comes in line with the CBN’s efforts to support the Federal Government’s ambitious vision of growing the economy to $1 … Continue reading CBN Considers Raising Banks’ Capital Base to N900bn