World Bank Cuts CBN Grant to $6.8m, Board Approval Set for March 27
The World Bank has reduced the size of a proposed grant to the Central Bank of Nigeria (CBN) from $10.50 ...
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Tag: #BankingReforms
Otedola Defends ₦748bn Bad Loan Write-Off at First HoldCo, Says It’s a Strategic Clean-Up
Billionaire businessman and Chairman of First HoldCo Plc, the parent company of First Bank of Nigeria, Mr. Femi Otedola, has ...
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RMB Nigeria Meets CBN’s New Minimum Capital Requirement Ahead of Deadline
Rand Merchant Bank Nigeria Limited (RMB Nigeria) has announced that it has successfully met the new minimum capital requirement set ...
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CBN Tightens Grip as Banking Sector Races to Meet 2026 Recapitalisation Deadline
Nigeria’s banking sector is witnessing heightened activity as the Central Bank of Nigeria (CBN) intensifies enforcement of its ongoing recapitalisation ...
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CBN Directs Banks to Secure Approval Six Months Before CEO Exit
The Central Bank of Nigeria (CBN) has issued a new directive requiring all Domestic Systemically Important Banks (DSIBs) to obtain ...
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