Tag: CBN
-
CBN Recapitalisation: A Path to Nigeria’s $1 Trillion Economy by 2030
Introduction: Banking Reforms at the Core of Nigeria’s 2030 Economic Dream As Nigeria eyes a bold milestone—the country reaching a $1 trillion economy by 2030—the Central Bank of Nigeria (CBN) continues to push ahead with its banking sector reforms. In particular, the ongoing recapitalisation drive is positioned as a central lever to unlock credit, attract…
-
CBN Recapitalisation to Drive Nigeria’s $1T Economy by 2030
Overview: Recapitalisation as a Catalyst for Growth The Central Bank of Nigeria (CBN) has renewed its emphasis on banking sector reforms, with bank recapitalisation at the forefront. The objective is clear: strengthen the financial system, restore confidence, and set the stage for Nigeria to achieve a targeted $1 trillion economy by 2030. As with any…