The Central Bank of Nigeria (CBN) has signaled a tougher regulatory stance on lenders following the completion of its recapitalisation programme. Vanguard learnt that the apex bank is reinforcing corporate governance, investor confidence and financial system stability. Commercial banks, which raised N4.65 trillion from the exercise, are equally repositioning their operations to play key roles in business and economic development. For many stakeholders, the recapitalisation exercise remains strategically imperative in achieving CBN’s determination to build resilience and reposition banks to support sustainable economic growth.......................….......READ MORE