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The N500Billion Secret, How Banks Actually Make Money

2:27 · 121,609 views · Part of Institutional Wealth & Heavy Industries

If you think banks make their money from 50 transfer fees, you are looking at the dust and ignoring the goldmine. Securing an International Commercial Banking license from the CBN requires a massive 500 Billion in paid-up capital. Why do billionaires form syndicates to pay this?

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