Finance & EconomyNigeria
Nigerian Banks Pursue Mergers, Capital Raises as CBN Deadline Looms
Major Nigerian lenders are exploring consolidation and completing capital raise programs ahead of the Central Bank of Nigeria's recapitalization deadline, with FCMB Group reaching N266.5 billion in verified eligible capital and South Africa's FirstRand eyeing market entry.
Biruk Ezeugo·2 min read··