Microfinance plays a pivotal role in shaping the nation’s economy by providing financial services to individuals and small businesses who lack access to. Nigerian banks have 24 months to recapitalize their capital base to at least N500 billion international authorization capitalization to continue operations in the country, the Central Bank of Nigeria (CBN) has said. Nigerian banks have 24 months to recapitalize their capital base to at least N500 billion internationalrecapitalize their capital base to at least N500 billion international…

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