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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. ....
A teenage girl from a wealthy family in China, who was visiting one of the country’s most revered locations, was disrespectful and offensive to tourism staff and ignored their pleas to behave. ....