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Baobab MfB promises to meet recapitalisation requirements
« on: June 29, 2021, 01:05:50 am »
Baobab MfB promises to meet recapitalisation requirements

The Managing Director/Chief Executive Officer, Baobab Microfinance Bank, Kazeem Olanrenwaju, has said the company’s budget is working as planned and it is on track to meet the industry’s recapitalisation requirements. During a press briefing in Lagos, he said, “On recapitalisation, today, we are on N4.7bn. our strategy is to grow the shareholders’ funds from retained…


 
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