NIN-SIM deadline, banks' recapitalisation... 7 business stories to track this week

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for the disconnection of unlinked lines from April 15 to July 31, for subscribers with more than four SIM cards.According to a source, the March 29 deadline “has been effected”.

Hakama Ali, the bank’s acting director of corporate communications department, disclosed this in a statement on March 29.She said data available to the bank shows the inflows resulted from a concerted effort by the CBN to stabilise the FX market. Speaking on the rationale behind the hike, Cardoso said the major objective of the CBN is to manage inflation, but noted that the bank is not “unmindful of the impact that the interest rate increases are having”.an upward review of the minimum capital requirements for commercial, merchant, and non-interest banks.

from the Japanese International Cooperation Agency to support the country’s national agricultural scheme project.

 

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