Nigerian Newspapers

Nigerian Newspapers: Get the latest national news and in-depth reports from esteemed publications like Punch, Vanguard, and Daily Trust.

13 banks weigh last-minute mergers, private placements, foreign partnership options

•Recapitalisation should deliver 8–10% GDP growth annually —Adebajo Nigeria’s banking recapitalisation programme has entered its most critical phase, with 13 banks exploring last-minute mergers, private placements and strategic foreign partnerships to meet the March 31 deadline set by the Central Bank of Nigeria (CBN). With barely 30 days to the deadline, 20 of the 33

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