By Blaise Udunze In barely two weeks, Nigeria’s banking sector will once again be at a historic turning point. As the deadline for the latest recapitalisation exercise approaches on March 31, 2026, with no fewer than 31 banks having met the new capital rule, leaving out two that are reportedly awaiting verification. As exercise progresses and draws to an end, policymakers are optimistic that stronger banks will anchor financial stability and support the country’s ambition of building a $1 trillion economy. The reform, driven by the Central Bank of Nigeria…
Read MoreRECAPITALISATION WITHOUT TRANSFORMATION IS A RISK NIGERIA CANNOT AFFORD
