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The bank, which targets an asset base of $120 billion, will fund oil and gas projects and support the continent’s energy transition programme.
“We have been chosen because we are qualified and ready,” Edun stated.
The takeover will enhance its stability and facilitate a smooth recapitalisation process
For withdrawals at ATMs belonging to other banks (Not-on-Us transactions), an N100 fee plus a surcharge of not more than N500 per N20,000 withdrawal will apply.
Maiwada explained that “This suspension will enable comprehensive stakeholder engagement and consultations regarding the Act’s implementation framework.
