bank recapitalization

  1. CBN Sets High Bar: 25 Nigerian Banks Need N3.89 Trillion for Recapitalization

    Nigeria CBN Sets High Bar: 25 Nigerian Banks Need N3.89 Trillion for Recapitalization

    The Central Bank of Nigeria (CBN) has unveiled new capital requirements for banks, mandating 25 banks in Nigeria to raise approximately N3.89 trillion in fresh capital to meet the new minimum capital base. This move aligns with the CBN's efforts to strengthen the banking sector in line with...
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