We Need Strong, Resilient Banks To Achieve 1trn Economy Cbn

Nigerian banks should manage external reserves UBAs boss

Hints 1trn target may be elusive

The Central Bank ofNigeria CBN has said that Nigeria would need strong, resilient and stable banks in its quest to achieve the 1 trillion economy target set by President Bola Tinubu against 2030 timeline.

In an address at the 36th CBN Seminar for Finance Correspondents and Business Editors, in Abuja, yesterday, the Deputy Governor, Corporate Services of the bank, Ms. Emem Usoro, said that the on-going banks recapitalization was aimed at achieving that goal.