
Central Bank of Nigeria
Circular Review of Minimum Capital Requirements for Microfinance Banks in Nigeria
- 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…