CBN Banks Recapitalisation Reforms

The Central Bank of Nigeria (CBN) stated that stronger capital buffers are just the beginning of banking sector recapitalisation. Dr. Muhammad Sani Abdullahi emphasized the need for improved governance and risk management alongside the recapitalisation efforts.

The Central Bank of Nigeria (CBN) warned banks about increasing cybersecurity and liquidity risks, emphasizing the need for effective risk management following a N4.65 trillion recapitalization. CBN's Deputy Governor, Dr Muhammad Sani Abdullahi, urged banks to invest in productiv

The Central Bank of Nigeria urged banks to convert N4.65tn from the recapitalisation programme into productive loans to support economic growth. Dr Muhammad Abdullahi emphasized the importance of governance and risk management in lending practices.