Central Bank Confirms 14 banks have met capital requirement

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Central Bank Of Nigeria (CBN) Governor, Olayemi Cardoso, has disclosed that approximately 14 banks have met the regulatory capital requirements set by the apex bank.

Cardoso made the revelation on Tuesday during a news conference in Abuja, where he announced the outcomes of the Monetary Policy Committee (MPC) meeting.

The update comes amid ongoing reforms aimed at strengthening Nigeria’s banking sector and ensuring financial system stability.

More details later…

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SUNDAY ADEBAYO is a writer, Public relations practitioner, and a versatile Journalist with over 6,000 reports on a wide range of topics associated with the Nigerian society and the international community. Currently the Editor In Chief at Society Reporters. His passion is to deliver great and insightful news and analysis on topical issues and society happenstances.
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