Bank recapitalisation may not lead to higher GDP – Report

The ongoing process by the Central Bank of Nigeria to increase the capital base of Deposit Money Banks may not lead to a higher Gross Domestic Product, analysts at Proshare have said. The economists explaining their findings which contradict comments by officials of the current administration said the assumption associating big banks with larger economies

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Recapitalisation: GTCO raises N209bn via public offer, unveils plans for phase two

Guaranty Trust Holding Company (GTCO) Plc has announced that it raised N209.41 billion through a …

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