Nigeria Banks Raise N4.65 Trillion in Fresh Capital; Inflation Falls to 14.63%
The CBN said the banking sector raised N4.65 trillion through its recapitalisation exercise, while headline inflation declined to 14.63% in September. Governor Olayemi Cardoso made the remarks at a news briefing.
By Staff WriterThe Central Bank of Nigeria (CBN) on Saturday said Nigeria’s banking sector raised N4.65 trillion in fresh capital through its recapitalisation exercise, while headline inflation declined to 14.63 per cent in September.The CBN governor, Olayemi Cardoso, said this at a news briefing f…