Tinubu urges banks to turn recapitalisation into jobs, production
President Bola Tinubu has told Nigerian banks to put the money raised through recapitalisation into job creation and production. His argument was that stronger balance sheets should mean lending that gets people working, not just thicker buffers on paper. The appeal comes as lenders work to meet tighter capital requirements set by regulators.
<img width="1080" height="810" src="https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2026/09/WhatsApp-Image-2026-09-08-at-13.16.00.jpeg?fit=1080%2C810&ssl=1" class="webfeedsFeaturedVisual wp-post-image" alt="Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele" style="display: block; margin: auto; margin-bottom: 5px;max-width: 100%;" link_thumbnail="" decoding="async" srcset="https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2026/09/WhatsApp-Image-2026-09-08-at-13.16.00.jpeg?w=1080&ssl=1 1080w, https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2026/09/WhatsApp-Image-2026-09-08-at-13.16.00.jpeg?resize=465%2C349&ssl=1 465w, https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2026/09/WhatsApp-Image-2026-09-08-at-13.16.00.jpeg?resize=768%2C576&ssl=1 768w, https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2026/09/WhatsApp-Image-2026-09-08-at-13.16.00.jpeg?resize=750%2C563&ssl=1 750w" sizes="(max-width: 1080px) 100vw, 1080px" /><p>The Nigerian leader challenged the banking and financial services sector to move beyond traditional financial intermediation and play a greater role in financing businesses, production, and job creation, saying macroeconomic stability must now translate into broad-based prosperity.</p> <p>The post <a href="https://www.premiumtimesng.com/business/business-news/908328-tinubu-urges-banks-to-turn-recapitalisation-into-jobs-production.html">Tinubu urges banks to turn recapitalisation into jobs, production</a> appeared first on <a href="https://www.premiumtimesng.com">Premium Times Nigeria</a>.</p>
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