Cardoso plans a brave new banking world | Article Preview
Tough new capital requirements by the central bank will mean fewer but busier commercial banks, An improbable revolutionary, central bank governor, Olayemi Michael Cardoso, could preside over the biggest shake-up of Nigeria's financial sector for decades. His announcement last month of tough new minimum capital requirements on the country's banks will force a spate of mergers and acquisitions across the board.
Source: africa-confidential.com