International records / OpenAlex research

An Assessment of Banking Sector Recapitalization and Performance of Deposit Banks in Nigeria

This article investigates the effect of recapitalization on the performance of deposit banks in Nigeria, particularly in the context of recent macroeconomic challenges and the Central Bank of Nigeria new proposed recapitalization policy slated for implementation beginning in 2025. Despite previous consolidation reforms in 2004–2005 that raised the minimum capital base to ₦25 billion and reduced the number of banks to 25, the sector continues to face issues related to inadequate capital buffers, weak intermediation, and exposure to systemic risks. The article employed an ex-post facto research …