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NIGERIAN BANKS SUBMITTING RECAPITALISATION PLANS, CENTRAL BANK SAYS
Nigerian banks have started submitting their plans to meet the new minimum capital requirements set by the Central Bank of Nigeria (CBN) to enhance the financial system and support economic growth. This comes after the CBN...
CBN Governor Yemi Cardoso has stated that the increase in foreign exchange rates was caused by Nigerian students studying abroad.
The foreign exchange rate has skyrocketed from less than a thousand naira to 1,500 in less than two weeks. This has affected the purchasing power of the Naira which...
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