The Central Bank of Nigeria (CBN) is to pursue the recapitalisation of commercial banks in the next five years.
CBN Governor, Godwin Emefiele hinted that the recapitalisation of commercial banks was due since the last recapitalization happened in 2004.
Kunmi Oguntola Attachments3:21 PM (11 minutes ago) to me Updates and news please L-R: Deputy Governor Financial System Stability, Central Bank of Nigeria (CBN) Aisha Ahmad(right); CBN Governor Godwin Emefiele; Deputy Governor Operations Directorate Folashodun Shonubi and Deputy Governor, Corporate Services, Mr. Edward Adamu during the Governor’s briefing on 5th years Policy Trust of Central Bank of Nigeria (CBN), 2019-2024, in AbujaKunmi Oguntola Attachments3:21 PM (11 minutes ago) to me Updates and news please L-R: Deputy Governor Financial System Stability, Central Bank of Nigeria (CBN) Aisha Ahmad(right); CBN Governor Godwin Emefiele; Deputy Governor Operations Directorate Folashodun Shonubi and Deputy Governor, Corporate Services, Mr. Edward Adamu during the Governor’s briefing on 5th years Policy Trust of Central Bank of Nigeria (CBN), 2019-2024, in AbujaCBN Governor Godwin Emefiele (left); Deputy Governor Operations Directorate, Folashodun Shonubi and Deputy Governor, Corporate Services Edward Adamu during the Governor’s briefing on 5th years Policy Trust of Central Bank of Nigeria (CBN), 2019-2024, in Abuja
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