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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
Reference No.
PPR/DIR/GEN/CIR/ 07/054
Year
2020
Pages
1 page

The Central Bank of Nigeria extends by one year the compliance deadlines for revised minimum capital requirements applicable to rural, urban, state, and national microfinance banks, setting category-specific capital thresholds for April 2021 and April 2022 in response to the economic impact of the COVID-19…

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