Post-recapitalisation: CBN tightens grip on governance

The Central Bank of Nigeria (CBN) has adopted a tougher regulatory stance following its recapitalisation programme, aiming to strengthen corporate governance and investor confidence. Commercial banks, which raised N4.65 trillion, are repositioning to play a key role in economic development. The IMF acknowledged the strategic importance of this recapitalisation, emphasizing that it enables financial institutions to maintain strong capital buffers amid global economic uncertainties.