Nigeria banks gain firepower for big-ticket lending after capital raise

Businessday | 08-04-2026 10:16am |

Nigeria’s banking industry is entering a new phase of strength and strategic relevance after lenders raised a combined N4.65 trillion in fresh capital under a sweeping recapitalisation programme mandated by the Central Bank of Nigeria (CBN), positioning the sector to fund large-scale investments critical to the country’s growth ambitions. A fact sheet from the CBN’s

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