President Bola Tinubu on Tuesday attributed Nigeria’s development and growth challenges to the failure of …
Read More »CBN concludes recapitalization with ₦4.65 trillion raised
CBN HQTR The Central Bank of Nigeria on Wednesday announced the successful conclusion of its 24-month banking sector recapitalization programme, confirming that Nigerian investors have provided 72.55% of the ₦4.65 trillion raised since the exercise launched in March 2024, a majority commitment that preceded and anchored participation from international markets. The programme, the most significant capital increase in Nigerian banking …
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