The Central Bank of Nigeria (CBN) says the ongoing N500 billion recapitalisation initiative for banks is gaining significant traction, with several institutions already meeting the new capital requirements. Speaking during a press briefing following the 300th Monetary Policy Committee (MPC) meeting held on Tuesday, CBN Governor Olayemi Cardoso reaffirmed the robustness of the banking sector, [...]The post CBN reports strong momentum in N500bn bank recapitalisation drive appeared first on The Sun Nigeria.
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