How much impact will recapitalisation have on Nigerian banks?

With the start of the 24-months recapitalisation timeframe given to banks by the Central Bank of Nigeria, analysts say a major shake-up is expected as banks re-evaluate their position to meet the minimum paid up capital. Chidi Iwuchukwu, Head of Investment Banking at Rand Merchant Bank joins CNBC Africa to discuss the impact of the policy on the banking sector and the Nigerian economy.
Mon, 08 Apr 2024 13:29:24 GMT