recapitalization

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    Business CBN Directs 3 Banks To Recapitalise By June 2016

    The Central Bank of Nigeria (CBN) has given three commercial banks until June 2016 to recapitalise after they failed to hit a minimum capital adequacy rate of 10 per cent, it said in a report on its website. The central bank did not name the banks but said they were from the group of 14 in...
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