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Description
The Central Bank of Nigeria is to inject an additional 200 billion naira into four banks that an investigation had revealed were in a "grave situtation." The four banks are: Spring Bank Plc, Equatoria...
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Intervention Details
Intervention Type
Capital injection and equity stakes (including bailouts)
MAST Chapter
L: Subsidies (excl. export subsidies)
Implementation date
02 Oct 2009
Revocation date
No revocation date
Implementation level
National
Affected flow
Inward
Announced as temporary
No
Eligible firms
all
Affected Trading Partners
Table
Affected Sectors
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Affected Products
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