• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Friday, October 24, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Recapitalisation likely to rejuvenate stock market – Expert

Stock

The Matters Press by The Matters Press
December 11, 2023
Reading Time: 1 min read
0
Trading in Nigerian stock market dips further N83bn

Abuja, Dec. 12, 2023: Professor of Capital Market, Uche Uwaleke says bank’s recapitalisation is likely to rejuvenate the stock market.

RELATED POSTS

Nigeria’s Poor Get a Makeover: A Critical Analysis of Tinubu’s application of the law of requisite varieties in the reduction of poverty in Nigeria

‎IMPI revises inflation rate projection to 14% from 17% for December

CSOs give thumps-up to Tinubu’s ONSA-NCTC, back Trump aide’s dismissal of Christian genocide in Nigeria

Uwaleke said that the banks recapitalisation idea of the Central Bank of Nigeria (CBN) was a welcome development.

He said that capital was needed to finance big-ticket projects, especially as the government was targeting a one trillion dollar economy in a few years’ time.

He suggested the use of differential cash reserve requirements as well as preferential participation in the forex market for well capitalised banks as some of the incentives.

“It should be more about incentives than coercion.

“Some Deposit Money Banks (DMBs) are already making efforts to increase their capital base.

“The CBN can use prudential guidelines to strengthen the present tiered arrangements.

“The use of the CAR (the ratio of a Bank’s capital to risk weighted assets) is a good example.

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

NAN recalls that the Chartered Institute of Bankers of Nigeria (CIBN) led by its President, Dr Ken Opara, had said that banks were ready for the recapitalisation.

Tags: Stock
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

POLICY STATEMENT 027 BY THE INDEPENDENT MEDIA AND POLICY INITIATIVE (IMPI)
Economy/Technology

Nigeria’s Poor Get a Makeover: A Critical Analysis of Tinubu’s application of the law of requisite varieties in the reduction of poverty in Nigeria

October 22, 2025
NBS reports increase in Inflation
Economy/Technology

‎IMPI revises inflation rate projection to 14% from 17% for December

October 22, 2025
CSOs give  thumps-up to Tinubu’s ONSA-NCTC, back Trump aide’s dismissal of Christian genocide in Nigeria
Agriculture

CSOs give thumps-up to Tinubu’s ONSA-NCTC, back Trump aide’s dismissal of Christian genocide in Nigeria

October 22, 2025
Standing With the Bello Family – Justice Must Never Be Cheapened
Energy

Standing With the Bello Family – Justice Must Never Be Cheapened

October 17, 2025
You led with distinction, CG of Customs, hails former boss,  Mohammed at 80
Economy/Technology

You led with distinction, CG of Customs, hails former boss, Mohammed at 80

October 10, 2025
Consumer commission, CBN, EFCC investigate violations in money lending
Economy/Technology

Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎

September 24, 2025
Next Post
Kenya hits the globe for oil investment

We’ll account for oil revenue, Finance minister assures Nigerians

Consumer commission, CBN, EFCC investigate violations in money lending

CBN urges Nigerians to ignore reports on banks failing CAR stress test

Recommended Stories

Swiss Bank expects profit of $50bn

Nigeria floors South Africa, records biggest economy

March 4, 2020
IFC, FSDH sign $35m deal to support Nigerian businesses

IFC gives $2.9bn to East African green economy businesses

October 31, 2023
Chinese smartphone maker, OPPO teams with Tesla on digital car key

OPPO hits market with latest technology

March 7, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Nigeria’s Poor Get a Makeover: A Critical Analysis of Tinubu’s application of the law of requisite varieties in the reduction of poverty in Nigeria
  • ‎IMPI revises inflation rate projection to 14% from 17% for December
  • CSOs give thumps-up to Tinubu’s ONSA-NCTC, back Trump aide’s dismissal of Christian genocide in Nigeria

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us