Recapitalisation drive triggers N783bn fund hunt in banking sector

...Mergers, investor talks intensify By Chinwendu Obienyi The capital shortfall facing Nigerian commercial banks has narrowed to N783.4 billion. This follows the successful recapitalisation of Stanbic IBTC Holdings, which has deepened investor confidence and sparked renewed speculation about possible mergers and acquisitions ahead of the Central Bank of Nigeria’s (CBN) 2026 deadline. Daily Sun, on [...]The post Recapitalisation drive triggers N783bn fund hunt in banking sector appeared first on The Sun Nigeria.

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