All but two listed banks set for N100 billion recapitalization

Unity Bank Corpreneurship Challenge produces more winners

Unity Bank’s flagship business plan competition for National Youth Service Corps members, Corpreneurship Challenge, has produced three more winners.

The balance sheets of the 13 listed banks on the Nigerian Stock Exchange (NSE) seem to be ready for the recapitalization exercise the Central Bank of Nigeria might be mulling. All but Unity and Wema Bank have an equity position in excess of the anticipated N100 billion capitalization requirement.

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