ABUJA — President Bola Tinubu has urged Nigerian banks to use the N4.65 trillion raised in recapitalisation to finance jobs and production. In a speech delivered by Finance Minister Taiwo Oyedele at the Chartered Institute of Bankers' annual conference, he said a bigger bank that does not finance a more productive economy is a poor outcome. At the same event, World Bank specialist Bertine Kamphuis said private credit is only about 13 per cent of GDP and small businesses receive about 1 per cent of bank credit.