FBN Holdings to raise N150bn through rights issue
FBN Holdings Plc has announced plans to raise about N150 billion through…
Recapitalisation: We’ve approved all offers received from banks, says SEC
The Securities and Exchange Commission (SEC) says it has approved all the offers it…
Recapitalisation: Access Holdings receives shareholders’ approval to raise $1.5bn
Access Holdings has received shareholders’ approval to raise $1.5 billion from the…
Recapitalisation: UBA seeks shareholders’ approval to raise capital
The United Bank for Africa (UBA) says it will seek shareholders’ approval…
First Bank set to raise N300bn in new capital to meet CBN limit
Nigerian banking group FBN Holdings plans to seek shareholder approval this month to…
Recapitalisation will help banks grow economy, says ACAMB
The Association of Corporate & Marketing Communication Professionals of Banks (ACAMB) says…
Recapitalisation Hurdle: Access Holdings announces $1.5bn capital raising programme
Less than 24-hours after the Central Bank of Nigeria (CBN) unfolded a…
Bank recapitalisation: CBN moves to check illicit funds, partners security agencies
The Central Bank of Nigeria, CBN, plans to closely monitor the recapitalization…
Why CBN excluded retained earnings in its recapitalisation terms
The Central Bank of Nigeria (CBN) omitted retained earnings from the share…
CBN unveils new minimum capital requirements for banks, gives 24 months to recapitalise
Days after urging Nigerian banks to expedite action on the recapitalisation of…