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NAIRAMETRICS ECONOMIC OUTLOOK WEBINAR
Professor Adegbemi Onakoya, an internationally certified expert in quality management and business transformation, has said that all existing Nigerian banks are below the new CBN recapitalization threshold and need to raise a collective N4 trillion to comply.
The Head of Corporate Banking Group and Chief Operating Officer at Ecobank Transnational (ETI), Dr. Bunmi Bajomo has stated that Nigerian banks cannot compete with their peers in North and East Africa based on foreign currencies.
According to her, if such policy is implemented, the need for the greenback will significantly diminish, providing the Naira with some respite in the forex market.
The founder and Chief Consultant at B. Adedipe Associates Ltd. Dr. Abiodun Adedipe has said that Nigeria is poised to attract more manufacturing companies from across the globe if the Naira becomes stable.