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Banks face pressure to turn N4.65tn recapitalisation into business loans

Nigerian banks are facing pressure to translate the N4.65tn raised through the recapitalisation exercise into increased lending to businesses, particularly manufacturers, following concerns that stronger capital bases have yet to deliver the financing needed to expand domestic production. The Chief Executive Officer…

Reported by Punch. We will add other newspapers as they cover it.

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  1. PunchNigeria

    Banks face pressure to turn N4.65tn recapitalisation into business loans

    Nigerian banks are facing pressure to translate the N4.65tn raised through the recapitalisation exercise into increased lending to businesses, particularly manufacturers, following concerns that stronger capital bases have yet to deliver the financing needed to expand domestic production. The Chief Executive Officer…

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