Barrister Yinka Edu, partner and Head of Fintech, Banking & Finance, and Capital Markets at Udo Udoma & Belo-Osagie, has asserted that the new regulations introduced after the 2005 bank recapitalization exercise, including stricter margin lending rules and increased Central Bank of Nigeria oversight, have significantly strengthened Nigeria's banking system.
A financial expert and founder of KSBC Knowledge Resources Limited, Mr. Chika Mbonu, has advised Nigerian investors not to venture into the ongoing banking public offers if they are not willing and ready to wait for at least five years.
