Banks

President Bola Tinubu urged Nigerian banks at the CIBN conference to invest more in productive businesses to enhance economic growth. He emphasized the need for banks to transition from mere financial intermediation to driving economic transformation.

The Nigerian government urged banks to shift focus from government securities to financing businesses and infrastructure. President Bola Ahmed Tinubu emphasized the need for stronger private-sector growth at the 19th Annual Banking and Finance Conference in Abuja.

President Bola Tinubu urged Nigerian banks to convert their recent recapitalisation into affordable credit for businesses. Speaking at the Chartered Institute of Bankers of Nigeria conference, he emphasized the need for banks to support the economy and reduce reliance on governme