Don’t just focus on profits, Tinubu tells banks
Philip Ikeazor, the CBN boss challenged operators in the industry to take advantage of the large capital now available to them to fund the real sectors of the economy, with a view to achieving the rapid growth that would impact on the better living standards of Nigerians.
He said the next phase of Nigeria’s development should not merely produce bigger banks with larger balance sheets, but a larger and more productive economy.“It must translate into capital formation in the real economy, financing Nigerian businesses as they expand across Africa and pursue our ambition of a one-trillion-dollar economy.
This is a summary of the original articles listed below. Always read the source articles for the full context. GhanaSummary does not create or modify the news — we summarise and link to original publishers.
