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The Central Bank of Nigeria (CBN) has raised the capital requirements for commercial banks with international licenses to N500 billion, while national banks must now have a minimum capital base of N200 billion. The Central Bank of Nigeria (CBN) has raised the capital requirements for commercial banks with international licenses to N500 billion.National banks must now have a minimum capital base of N200 billion.The new minimum capital requirements for banks are part of efforts to boost the resilience of the financial sector in Africa’s largest economy.The new requirement for banks with regional…

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