Tinubu hails Cardoso’s reforms, banking recapitalisation

President Bola Ahmed Tinubu praised Olayemi Cardoso for leading reforms at the Central Bank of Nigeria, stating that his policies are helping to rebuild Nigeria’s economy. Following the March 31, 2026 deadline for bank recapitalisation, Tinubu highlighted the importance of foreign exchange changes and tighter financial regulations. Union Bank, Polaris, and Keystone Banks are undergoing recapitalisation, despite ongoing legal issues.