Tags: Nigerian banking

Recapitalisation without Transformation is a Risk Nigeria Cannot Afford

BY BLAISE UDUNZE In barely two weeks, Nigeria’s banking sector will once again be at a historic turning point. As the deadline for the latest recapitalisation exercise approaches on March 31, 2026 with no fewer than 31 banks having met the new capital rule, leaving out two that are reportedly awaiting verification. As exercise progresses and draws…