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").
If the 2008 global financial crisis and subsequent failures of various banks around the world have taught us anything, it is that regulatory capital is pivotal in sustaining the resilience of banks...
The Banking Sector Regulation Programme is a regulatory initiative of the Central Bank of Nigeria that requires banks operating in Nigeria, to increase their minimum paid-in common equity capital to a specified amount ...
Within the global trend towards sustainable finance opportunities and initiatives, green bonds have gained significant attention. Perhaps less well known, a sub-category of green bonds...
On April 9, 2024, the Economic and Financial Crimes Commission ("EFCC") in its monthly e-magazine Alert released a statement on the use of foreign currency ("FX") as a means of payment...
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