Tag: RECAPITALIZATION

  • CBN REITERATES BANK RECAPITALISATION CRUCIAL TO ACHIEVING $1 TRILLION ECONOMY BY 2030

    CBN REITERATES BANK RECAPITALISATION CRUCIAL TO ACHIEVING $1 TRILLION ECONOMY BY 2030

    ‎ The Central Bank of Nigeria has reaffirmed that the ongoing recapitalisation of commercial banks is vital to achieving the Federal Government’s goal of building a $1 trillion economy by 2030. Speaking at the Association of Corporate Affairs Managers of Banks’ retreat in Abeokuta, the CBN Deputy Governor for Financial System Stability, Philip Ikeazor, emphasised…