CBN’s proposed capital raise for banks seen boosting foreign investments

Nigeria’s net reserves surge by 772.18% to $34.8bn in two years – Cardoso

Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN)

Some experts in the financial industry have said that the proposed bank recapitalisation would boost foreign investments into Nigeria which could help drive the realisation of the country’s $1 trillion economy target by 2030. This comes at a time when foreign investment inflows are at their low

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