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47
viewsCBN rolls back Soludo’s reforms
The Central Bank of Nigeria (CBN) yesterday rolled back its former governor Professor Chukwuma Soludo’s banking reforms of 2004, saying it is relaxing the capital base requirement for banks by unbundling the present universal banking structure that made it mandatory for banks to have a minimum capital base of N25 billion.
Added: 5 months ago (March 15, 2010 @ 10:53PM)
Source: Daily Trust
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