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Dr Muda Yusuf, founder of the Centre for the Promotion of Private Enterprise (CPPE), says the upward adjustment of capital requirements for banks will improve their...
A financial expert, Dr Samuel Nzekwe, says the Central Bank of Nigeria’s (CBN) new minimum capital requirement for Nigerian banks will enable them to finance more...
Renewed interest in MTN Nigeria, alongside sustained interest in Tier-one banks’ stocks on Thursday further raised the equity market higher by 0.27 per cent. Specifically, investors...
Gives Them 24 months To Recapitalise By Tony Obiechina, Abuja Days after urging Nigerian banks to expedite action on the recapitalisation of their capital base in...
By Tony Obiechina, Abuja Nigeria Deposit Insurance Corporation (NDIC) has reimbursed depositors of 179 rested microfinance and four mortgage banks across the country. The Managing Director...
By Tony Obiechina, Abuja In a bid to manage risks and prevent potential losses with systemic implications, the CBN on Wednesday issued stringent prudential requirements for...
By Tony Obiechina, Abuja Following the dissolution of the Board and Management of Union Bank, Keystone Bank and Polaris Bank on Wednesday night, the Central Bank...
The Central Bank of Nigeria (CBN) has assured depositors and customers of Nigerian banks of the safety of their funds in the banks. The Acting Director,...
By Tony Obiechina, Abuja Concerned about alleged cases of collusion between some Deposit Money Banks (DMBs) and Point-of-Sale (PoS) operators currently causing Naira scarcity in the...
A High Court of the Federal Capital Territory, Abuja has issued an order freezing the accounts of the Oyo State Government in 10 commercial banks in...
