The CBN's push for banking recapitalization aims to bolster Nigeria's economy, enabling banks to fund growth and compete globally.

Building bigger and stronger banks comes with great benefits to the banks, their customers and the wider economy.

New banks in Nigeria must meet CBN's capital base immediately, while existing banks have two years. Learn about the impact on the $1 trillion economy goal.

The Deputy Governor, Corporate Services, Central Bank of Nigeria (CBN), Emem Usoro, has said the bank recapitalisation ...

CBN has emphasised the importance of bank recapitalisation to fund Nigeria’s goal of achieving a $1 trillion economy by 2030.

The Central Bank of Nigeria said it is putting in place strong verification processes to ensure that illicit funds do not ...

Central Bank of Nigeria (CBN) has said that Nigeria would need strong, resilient and stable banks in its quest to achieve the $1 trillion economy target set by President Bola ...

The Bank promised to empower and support its sales agents for the financial inclusion drive with more tool kits and to enable ...

Alawuba, who is also the Chairman, Body of Banks’ Chief Executive Officers, lauded the Central Bank of Nigeria’s move on banking recapitalization, describing it as a landmark policy designed to align ...

Wema Bank has officially announced its intention to undertake a Rights Issue of 14,286,785,417 ordinary shares of 50 kobo each, ...