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Fresh Hurdles For Banks As CBN Raises Capital Requirement To N500bn, N200bn

LEADERSHIP reports that even tier-1 banks like Zenith Bank UBA, Access Bank and others tier-1 banks with very high shareholders' fund will still need to raise

Gloria fadipeHaruna mustafaOlayemi cardosoHakama aliAmbrose omordionNigeria holdingsAccess bankSterling bankZenith bankFirst bankInvestdata consultingCentral bankFidelity bankMrs hakama aliInvestdata consulting limitedCountercyclical capital buffer

Zenith, UBA, 4 Others Beat Benchmark As CBN Raises Capitalisation To N500bn

Days after urging Nigerian banks to expedite action on the recapitalisation of their capital base in order to strengthen the financial system, the Central

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Naira Official Rate Sinks to Near 1,000 Per Dollars as Foreign Investors Shun Tinubunomics

Naira Official Rate Sinks to Near 1,000 Per Dollars as Foreign Investors Shun Tinubunomics
naija247news.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from naija247news.com Daily Mail and Mail on Sunday newspapers.

Gloria fadipeHill denhamAbubakar mohammedBola tinubuForward marketing bureau de change ltdChapel hill denhamPresident bolaNigeria allows nairaWeaken mostFour months

Naira Official Rate Sinks to Near 1,000 on Scramble for Dollars

Naira Official Rate Sinks to Near 1,000 on Scramble for Dollars
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Abubakar mohammedHill denhamGloria fadipeBola tinubuForward marketing bureau de change ltdChapel hill denhamPresident bolaNigeria allows nairaWeaken mostFour months

African central banks to keep interest rates tighter for longer

After acting aggressively for more than a year, officials in Nigeria and South Africa may increase borrowing costs, while those in Kenya and Mozambique are likely to stand pat.

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