NDIC backs CBN’s initiative on commercial banks recapitalisation

The Nigeria Deposit Insurance Corporation (NDIC) has said that the new Central Bank of Nigeria (CBN) policy, which pegs the minimum capital for commercial banks at N500 billion, is in line with current global economic dynamics.

The post NDIC backs CBN’s initiative on commercial banks recapitalisation appeared first on The Guardian Nigeria News – Nigeria and World News.

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