RECAPITALIZATION OF COMMERCIAL BANKS: A MOVE IN THE RIGHT DIRECTION?

RECAPITALIZATION OF COMMERCIAL BANKS IN NIGERIA: A MOVE IN THE RIGHT DIRECTION?

On the 28th of March, 2024, the Federal Government of Nigeria, through its primary financial regulator, the Central Bank of Nigeria (CBN), announced an increase in the capital base of various categories of banks in Nigeria. This restructuring as stated by the CBN governor, Mr. Olayemi Cardoso, was put in place with a view to […]

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