Igbo-Biafra Nationalists Commend Moves To Address South East Marginalization

The Igbo-Biafra Nationalists have extolled moves by Igbo political stakeholders to address the  de-marginalisation of South-East Zone and integration into national politics. The convener of the group, Mazi Uche Mefor, stated this in a statement issued in Owerri on Thursday in his reaction to the colloquium organised by Igbo political stakeholders held at Anambra state,…

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CBN Pegs Minimum Capital Base For Banks At ₦500bn

The Central Bank of Nigeria (CBN) has unveiled new minimum capital requirements for banks, pegging the minimum capital base for commercial banks with international authorisation at ₦500 billion. A circular signed by the Director, Financial Policy and Regulation Department, Haruna Mustafa, to all commercial, merchant, and non-interest banks and promoters of proposed banks emphasised that…

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