CBN Considers Mandating Commercial Banks to Increase Capital Base to Over N900 Billion
In a recent development, the Central Bank of Nigeria (CBN) is contemplating a directive that could ...
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Tag: Commercial Banks
FIRS Directs Banks to Deduct N50 Electronic Money Transfer Levy on Foreign Currency Transactions
The Federal Inland Revenue Service (FIRS) has instructed banks to commence the deduction of a N50 ...
Read moreCBN Stress Test Reveals Eight Banks Below International Capital Adequacy Ratio
The Central Bank of Nigeria (CBN) has conducted a stress test revealing that eight commercial banks ...
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Acting CBN Governor States Naira Undervalued, Vows to Tackle Illegal Dollar Sales
In a significant development, the Acting Governor of the Central Bank of Nigeria (CBN), Folashodun Shonubi, ...
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Nigerian Banks Increase Daily ATM Withdrawal Limit to N200,000
Commercial banks in Nigeria have started raising the maximum daily cash withdrawal limit on automated teller ...
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