The Securities and Exchange Commission (SEC) says it is collaborating with the Central Bank of Nigeria (CBN) and other relevant…
Browsing: recapitalization
The Acting Director of Corporate Communications Department, Mrs. Hakama Sidi Ali confirmed the capitalization in Abuja, saying the new minimum capital base for commercial banks with national authorization is now N200 billion, while the new requirement for those with regional authorization is N50 billion.
The Nigerian Exchange Ltd. (NGX) market capitalization on Monday closed on a negative note, losing N239 billion. Specifically, the market…
The Presidency has backed a plan by the Central Bank of Nigeria (CBN) to increase the capital base of deposit money banks in the country.