The Central Bank of Nigeria (CBN) has embarked on a comprehensive financial reform aimed at bolstering the stability and resilience of the nation’s banking sector. This reform, unveiled on Thursday, March 28, 2024, by the CBN’s Acting Director of Corporate Communications, Mrs. Hakama Sidi Ali, introduces substantial increases in the minimum capital requirements for different … Continue reading Central Bank of Nigeria (CBN) Orders Mega Banks to Recapitalize with N500bn, Smaller Banks N50bn