Nigeria: SBP Industry Alert: CBN Issues Directives On The Review Of Minimum Capital Requirements For Commercial, Merchant, And Non-Interest Banks In Nigeria. - Stren & Blan Partners

On March 28, 2024, the Central Bank of Nigeria ("CBN") issued a circular FPR/DIR/PUB/CIR/002/009 on the review of the minimum capital requirements for commercial, merchants, and non-interest banks ("Banks").