Recapitalisation, FX reforms strengthening Nigeria’s financial system – CBN

Vanguard News | 29-09-2026 04:07pm |

The Central Bank of Nigeria (CBN) has stated that its foreign exchange reforms and banking sector recapitalisation have strengthened the country's financial system. CBN Deputy Governor Dr Muhammad Abdullahi made this known at the 38th Seminar for Finance Correspondents and Business Editors Association of Nigeria in Abuja. He noted that the reforms were introduced to address economic challenges inherited in 2023 and to restore stability and confidence.

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