Category Archives: Economy

CBN concludes banking sector recapitalisation as operators raise N4.65trn

The Central Bank of Nigeria (CBN) has announced the successful conclusion of the banking sector recapitalisation programme initiated in March 2024. This is disclosed in a statement issued on Wednesday in Abuja, jointly signed by Dr Olubukola Akinwunmi, Director, Banking Supervision and Mrs Hakama Sidi-Ali, Acting Director, Corporate Communications Department of the CBN In the […]