The International Monetary Fund (IMF) has acknowledged the strategic impact of the just concluded bank recapitalisation in Nigeria, saying the exercise is paying off. The Fund said the exercise embarked by the Olayemi Cardoso-led Central Bank of Nigeria (CBN) was the right decision, given the ongoing volatility in global oil supply that requires banks to […]
read more CBN-led bank recapitalisation prepares Nigeria’s economy for growth, stability – IMF acknowledges