Discos list conditions for N500bn NASS recapitalisation plan
Electricity distribution companies have listed the conditions for accepting the National Assembly’s N500bn recapitalisation plan for…
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Browsing Tag
N500bn
Anti-government protest: Pat Utomi vows to sue Onanuga for N500bn
A renowned political economist, Prof. Pat Utomi, has threatened a N500 billion lawsuit against President Bola Tinubu’s Special Adviser on Information and Strategy, Bayo Onanuga, over…
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CBN raises capital base for mega banks to N500bn
Barely 48 hours after restating the need to increase the capital base of Deposit Money Banks for improved productivity, the Central Bank of Nigeria has…
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BREAKING: CBN raises Minimum Capital Base of Banks to N500bn
The Central Bank of Nigeria (CBN) has pegged the minimum capital base for commercial banks with international authorisation at N500 billion.
In a circular signed by the Director,…
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