Following the Central Bank of Nigeria’s (CBN) directive to increase capital reserves, Nigerian banks are strategizing to raise approximately N4 trillion in fresh capital, with options ranging from Eurobonds to foreign investments. The CBN’s recent circular, which mandates commercial, merchant, and non-interest banks to bolster their capital requirements, has spurred a flurry of activity within … Continue reading Nigerian Banks Explore Eurobonds, Foreign Investment to Raise N4 Trillion Fresh Capital