Banking stocks on the Nigerian Exchange Limited recorded a market capitalization of N7.91 trillion at the close of trading on Friday.
This comes as a second group of banks prepares to raise funds to meet the new capital requirements set by the Central Bank of Nigeria.
The market cap of the 13 banks analysed by The PUNCH stood at N6.22tn as of June 3, indicating that between the time that the banks commenced their recapitalisation efforts and…
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