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Central Bank of Nigeria

Circular Review of Minimum Capital Requirements for Microfinance Banks in Nigeria

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Author
Central Bank of Nigeria
Year
2020
Pages
1 page

The Central Bank of Nigeria extended by one year the compliance deadlines for revised minimum capital requirements applicable to all categories of microfinance banks, following the economic impact of the COVID-19 pandemic. The circular sets capital thresholds and April 2021 and April 2022 deadlines for…

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