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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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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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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