Recapitalisation: 20 Banks Meet N500bn, N200bn Thresholds — CBN

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The Governor of the Central Bank of Nigeria, Olayemi Cardoso, on Tuesday disclosed that 20 deposit money banks have met the new minimum capital requirements under the ongoing recapitalisation programme introduced in 2024.


Cardoso made this known while presenting the communiqué from the 304th meeting of the apex bank’s Monetary Policy Committee in Abuja.

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