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Monday, 23 March 2015

CBN fixes capital base for Devt banks at N100bn


23 March 2015, Lagos - Central Bank of Nigeria (CBN) has rolled out policy for establishment of development banks popularly known as Development Finance Banks (DFIs) stipulating a minimum capital base of N100 billion and N10 billion for those that would operate in the wholesale segment and retail segment respectively. With this development a major […] More »

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