banking reforms
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Nigeria Bank Mergers Loom as CBN Raises Minimum Capital Thresholds: What Businesses and Banks Need to Know
The Central Bank of Nigeria (CBN) has announced sweeping financial reforms, significantly raising minimum capital requirements for banks across various categories. In a circular issued by the Financial Policy and Regulation Department Director, Haruna Mustafa, all commercial, merchant, and... -
![[Video] Nigerian Banks and Binance Under Fire, Accused of Economic Criminality](/data/attachments/201/201186-51cbb0048afe3330f97efb789f4188ea.jpg)
Nigeria [Video] Nigerian Banks and Binance Under Fire, Accused of Economic Criminality
Ayo Oyalowo, on Channels TV, asserted that the government should oust "criminals" managing certain banks to address the Naira's decline. He emphasized restructuring banks before targeting Bureau de Change operators (BDCs), implying that banks, allegedly hoarding dollars, contribute to the...
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