Mergers, Acquisitions Loom As CBN Hints At Recapitalisation Of Nigerian Banks
There are indications that mergers and acquisitions may happen soon in the financial sector in Nigeria after the Central Bank of Nigeria (CBN) hinted on the need for recapitalization of Deposit Money Banks (DMBs) in the country. The governor of the apex bank, Dr Olayemi Cardoso had disclosed that Nigerian banks are not adequately capitalised…
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