Nigeria’s bigger banks face credit test as recapitalisation ends

Nigeria’s banks are now bigger than ever, thanks to the sweeping recapitalisation drive by the Central Bank of Nigeria (CBN), which has reshaped balance sheets and strengthened buffers across the industry. But while the capital-raising cycle has enabled 32 lenders to raise as much as N4.61 trillion, according to official figures, analysts worry whether larger […]

read more Nigeria’s bigger banks face credit test as recapitalisation ends