Bank Recapitalization

VFD Group announced that its board has approved a capital injection of N5 billion into VFD Microfinance Bank (V Bank),...

Sterling Financial Holdings Company Plc has released its unaudited interim results for the year ended December 31, 2024, reporting an...

Stanbic IBTC posted an impressive pre-tax profit of N303.8 billion, reflecting a 75.70% YoY growth.  

FBN Holdings has delivered impressive financial performance in 2024, posting a 142% YoY growth in pre-tax profit to N862.391 billion....

Wema Bank Plc has reported a profit before tax of N102.105 billion for the year ended December 31, 2024, marking...

Zenith Bank Plc has announced that it has obtained approval from the Central Bank of Nigeria and the Securities and...

Access Holdings Plc, the parent company of Access Bank, has secured “full regulatory approval” from the CBN and SEC for...

FCMB Group Plc has announced a pre-tax profit of N27.6 billion for the third quarter of 2024, up from N16.9...

FCMB Group Plc is seeking approval from its board to raise N340 billion in capital, more than doubling its initial...

This article explores how banks have fared since the announcement of their public offers and rights issues