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    Business 7 Nigerian Banks Undercapitalized - Report

    Seven Nigerian banks are undercapitalized to the tune of N1tn ($3.2bn) according to a report from Arqaam Capital, a Dubai-based international investment bank. The report lists the undercapitalised banks as First Bank of Nigeria, Unity Bank Plc, Diamond Bank Plc, Skye Bank Plc, FCMB Group...
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