All banks are required to meet the minimum capital requirement within 24 months The post JUST IN: CBN directs Nigerian banks to increase capital base appeared first on Premium Times Nigeria. Powered by WPeMatico
Describing these allegations as completely false, the CBN asserts that the intention behind such reports is to instigate panic within the foreign exchange market The post No plans to convert $30bn domiciliary deposits to naira – CBN appeared first on Premium Times Nigeria. Powered by WPeMatico
The latest payment brings the total amount disbursed to the aviation sector to $136.7 million, effectively settling all verified claims. The post CBN clears verified fx claims by foreign airlines appeared first on Premium Times Nigeria. Powered by WPeMatico
This intervention encompasses the complete clearance of liabilities for 14 banks and the initiation of settlements with foreign airlines. The post CBN clears $2bn FX backlog across sectors appeared first on Premium Times Nigeria. Powered by WPeMatico
