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CBN: Bank Recapitalisation Aligns Monetary, Fiscal Policies with Govt’s Economic Vision - Daily Trust

Summary by Daily Trust
The Central Bank of Nigeria (CBN’s) decision to embark on recapitalization of banks was to align monetary, fiscal policies with Federal Government’s vision of prosperity for the people, businesses and economy. The recapitalization exercise, which is far underway, is recording significant successes, with successful capital raising by many banks and surge in credit expansion to the domestic economy. CBN Governor, Olayemi Cardoso, explained that wi…

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Zawya broke the news in on Monday, April 21, 2025.
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