Sunday, October 26, 2025
Freedom Online
  • Home
  • News
    • Foreign
    • Crime
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates
No Result
View All Result
Freedom Online
  • Home
  • News
    • Foreign
    • Crime
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates
No Result
View All Result
Freedom Online
No Result
View All Result

Economist lauds planned banks recapitalization

Gbemi Banks by Gbemi Banks
November 25, 2023
in Economy, News
0
Economist lauds planned banks recapitalization
1.6k
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

An economist, Prof. Uche Uwaleke, says the idea of recapitalization of banks is a welcome one.

Uwaleke, President, Association of Capital Market Academics of Nigeria, said this in an interview on Saturday.

He said, “It goes without saying that capital is needed to finance big-ticket projects, especially when the government is targeting a one trillion dollar economy in a few years’ time.

“Also, if the experience of 2005 is any guide, the recapitalization exercise is likely to rejuvenate the stock market.

“But I think the strategy should be somewhat different from the approach adopted in 2005. It should be more about incentives than coercion.

“Some DMBs (especially many in the FUGAZ category) are already making efforts to increase their capital base.”

He said that the CBN could use prudential guidelines to strengthen the present tiered arrangements.

Uwaleke said the use of the CAR (the ratio of a Bank’s capital to risk weighted assets) was a good example.

“The apex bank can also use differential cash reserve requirements as well as preferential participation in the forex market for well capitalized banks as some of the incentives.

“For whatever it is worth, smaller banks playing at the regional level should not be regulated out of existence,” he said.

The CBN had said that it was planning to implement a new round of banking recapitalization for the Deposit Money Banks to raise additional capital to play in the anticipated one trillion dollars economy by 2030.

Tags: cbnProf. Uche Uwaleke
Share25Tweet16Send
Previous Post

Israel to release another 42 Palestinian women, children from prison

Next Post

Husband of German hostage in Gaza expresses joy over family’s release

Related Posts

Give grassroots football talents chance to play at top level – Coach
Breaking News

El Clasico: Real Madrid hosts Barcelona in crunch tie Sunday

October 26, 2025
Crisis hits ADC, stakeholders reject Aregbesola as Interim National Secretary
Breaking News

ADC suspends Dr Sadeeq over alleged self-proclamation as Kebbi Chairman

October 26, 2025
Man beheads brother for killing their father through witchcraft
Breaking News

Chief Judge discharges 86-year-old man, other inmates from Custodial Centre

October 26, 2025
Next Post
Palestinian health authority: Over 6,500 dead in Israeli airstrikes

Husband of German hostage in Gaza expresses joy over family’s release

NAF trains Critical Asset Protection Squad

NAF’s strikes eliminate key Boko Haram figure, several others in Borno

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

https://freedomonline.com.ng/wp-content/uploads/2025/01/5aeac180-db4e-4e7c-bd37-07ddbf15b053.mp4

Popular Stories

  • GHL, others to court: Lift freezing orders irregularly obtained by First Bank

    Court sacks council chairmen, councillors, declares election unconstitutional

    125 shares
    Share 50 Tweet 31
  • Tinubu sacks Service Chiefs (see successors)

    78 shares
    Share 31 Tweet 20
  • Sowore arrested

    71 shares
    Share 28 Tweet 18
  • Why we arrested Sowore – Police

    67 shares
    Share 27 Tweet 17
  • Ahmadu Bello University speaks on ‘hidden Nuclear Weapon project’

    67 shares
    Share 27 Tweet 17
  • Ned Nwoko reveals names of Regina’s drugs suppliers, says ‘she threatened to kill our nurse’

    71 shares
    Share 28 Tweet 18

Latest Stories

Give grassroots football talents chance to play at top level – Coach

El Clasico: Real Madrid hosts Barcelona in crunch tie Sunday

October 26, 2025
Crisis hits ADC, stakeholders reject Aregbesola as Interim National Secretary

ADC suspends Dr Sadeeq over alleged self-proclamation as Kebbi Chairman

October 26, 2025
Man beheads brother for killing their father through witchcraft

Chief Judge discharges 86-year-old man, other inmates from Custodial Centre

October 26, 2025
Kebbi PDP rejects nomination of Kabiru Tanimu as National Chairman

Kebbi PDP rejects nomination of Kabiru Tanimu as National Chairman

October 26, 2025
GHL, others to court: Lift freezing orders irregularly obtained by First Bank

Ohanaeze hails Margaret Obi on her appointment as first black Judge in England

October 26, 2025
Morocco 2025: Flamingos whip Algeria 4-0, confident of victory in Algiers

U-17 World Cup: Flamingos cruise into round of 16, defeat Samoa 4-0

October 26, 2025
FCMB, Others To Be Arraigned Over Alleged Mortgage Fraud

CBN commends Nigeria’s removal from FATF grey list

October 26, 2025
Freedom Online

© 2025 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.

Navigate Site

  • Home
  • News
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates

Follow Us

No Result
View All Result
  • #13921 (no title)
  • Advert Rates
  • APC ad
  • Archive Sitemap
  • Contact
  • Contact Us
  • Documents
  • Full Width
  • Homepage
  • Ogun State
  • Ogun State banner ad
  • P-A
  • P-A2
  • Privacy policy
  • Sample Page
  • Sample Page
  • Submit an article
  • Welcome

© 2025 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.