Deposits Money Banks (DMBs) operating in the country may have devised an ingenious way of circumventing the Central Bank of Nigeria’s (CBN) insistence on allowing only paid-up capital and share premium for banks new capital requirement, Business Hallmark can report. According to BH findings, most banks may end up paying their shareholders jumbo dividends, which […]
The post Banks plot strategies to beat CBN’s ban on Shareholders’ Funds first appeared on Business Hallmark.