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With 6 months to go, only 6 listed banks have met Central Bank recapitalization target…see list 

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With 6 months to go, only 6 listed banks have met Central Bank recapitalization target…see list 

Nigeria’s Bank Recapitalization: Progress with 6 Months to Deadline The Central Bank of Nigeria (CBN) initiated a major banking sector recapitalization program in April 2024, requiring banks to meet significantly higher minimum capital thresholds by March 31, 2026. The targets vary by license type: This 24-month window aims to strengthen banks’ resilience amid economic challenges … Read more

AfDB plans $230 million trade finance package for Access Bank 

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AfDB plans 0 million trade finance package for Access Bank 

AFDB Plans: The African Growth Financial institution (AfDB) is planning a $230 million commerce finance bundle for Entry Financial institution Plc, aimed toward supporting commerce finance actions and offering overseas alternate liquidity to small and medium-sized enterprises (SMEs) in Nigeria. This was disclosed in a Venture Abstract Be aware seen by Nairametrics on Wednesday, detailing … Read more

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