The Punch on MSN

33 banks raise N4.65tn as recapitalisation ends – CBN

The Central Bank of Nigeria on Wednesday said 33 banks have met new minimum capital requirements under its recapitalisation programme, raising a combined N4.65tn to strengthen the financial system.The ...
Nigerian CommunicationWeek on MSN

CBN says 33 banks raise fresh N4.65 trillion in recapitalisation exercise

Central Bank of Nigeria (CBN) has announced the successful conclusion of the banking sector recapitalisation programme initiated in March 2024.Over the 24-month period, Nigerian banks raised a total ...