💰 Will bank recapitalisation strengthen Nigeria’s economy?
by • 50d ago • 2 votes
The Central Bank of Nigeria (CBN) has concluded its banking sector recapitalisation programme, with Nigerian banks raising ₦4.65 trillion to boost financial stability. The initiative, introduced in 2024, required banks to meet new capital thresholds — ₦500 billion for international banks, ₦200 billion for national banks, and ₦50 billion for...
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