The Central Bank of Nigeria (CBN) has projected that its planned recapitalisation in the banking sector would secure at least $1 trillion for the country by 2030.
The CBN Governor, Olayemi Cardoso, disclosed this on Friday while reviewing the performance of the bank in the first half-year before the Senate Committee on Banking, Insurance and other Financial Institutions.
Mr Cardoso said the recapitalisation in the banking industry would strengthen the financial capacity and stability of the country.
