CBN recapitalisation: Timeline showing how banks raised over N4.6tn

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Nearly 2 decades aft the 2004 recapitalisation that reshaped Nigeria’s banking assemblage and chopped the fig of banks from 89 to 25, Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, signalled different circular successful November 2023. By March 2024, the argumentation was formalised, with a 24-month compliance model from April 1, 2024 to March 31, […]

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