Banks come under pressure as recapitalisation requirement fall short of N4trn
Nigerian banking industry is currently faced with the pressure of raising capital…
Banks scramble for investor funds as recapitalisation heats up
As the race for Nigerian banks’ recapitalisation heats up, early birds have…
No plan to revoke Wema, Polaris, Unity, Fidelity licences – CBN
The Central Bank of Nigeria (CBN), has said that there is no…
Wema Bank seeks shareholder approval to raise N200bn
Wema Bank Plc, one of Nigeria’s commercial banks will seek shareholders’ approval to…
Emefiele social programmes: Banks withhold N530bn CBN funds, Cardoso may order refund
The governor of the Central Bank of Nigeria, Olayemi Cardoso, is set…
Banks’ market cap down N1.74trn since CBN announced recapitalisation plan
Commercial banks’ market capitalisation has depreciated by N1.74 trillion since the Central…
Top banks target $3bn fund in foreign capital markets to meet recapitalisation race
Four of the tier-1 banks in the country, FBN Holdings, Access Holdings,…
Only seven banks can meet CBN recapitalisation requirements – Report
About 17 out of the existing 24 Deposit Money Banks may be…
IDF condemns Ikere bank robbery attack, urges Federal, State governments to beef up security
Ikere Development Forum (IDF) a think-tank group and an umbrella body for…
Bank CEOs, others in merger, acquisition talks over CBN’s planned fresh recapitalisation moves
Fresh indications emerged on Saturday that the chief executive officers and other…
