What is the minimum capital requirement for banks in Nigeria?
What is the minimum capital requirement for banks in Nigeria? The CBN restricts their operation to not more than (10) branches. The minimum capital requirement for this category of MFB is N5,000,000,000 (Five Billion Naira). It is important to note that the minimum capital requirements of the three categories are subject to timely review by … Continue reading What is the minimum capital requirement for banks in Nigeria?
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