N4.65Trn recapitalisation: Are banks financing Nigeria’s economy or government?

BusinessDay | 30-08-2026 12:19pm |

Five months after the Central Bank of Nigeria's banking recapitalisation window closed, questions arise about whether banks are financing the economy or the government. The recapitalisation exercise, which raised N4.65 trillion, was intended to strengthen banks' capacity to support economic growth. Analysts are now examining the lending patterns and the impact on the broader economy.

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