Nigeria sets $359 million minimum capital mandate for banks

Nigeria just cranked up the heat on its banking sector, big time. The Central Bank of Nigeria has decided it’s time to beef up the financial muscle of its banks. In a country riddled with so many challenges—think rampant inflation, a currency that’s seen better days, and an economy that could use a serious shot […] source: https://www.cryptopolitan.com/nigeria-359m-minimum-capital-mandate-banks/