A new report from Ernst and Young has sent shockwaves through the Nigerian banking sector, revealing that 17 out of 24 banks could potentially fall short of meeting the capital requirement set by the Central Bank of Nigeria (CBN) if it is increased by 15-fold from its current N25 billion. The report delves into the … Continue reading About 17 out of 24 Banks Would not Meet the New CBN’s Minimum Capital – Ernst & Young