Bank Recapitalization

The Central Bank of Nigeria (CBN) has disclosed that 30 banks have already met the new minimum capital thresholds introduced...

FCMB Group is close to meeting its N500 billion recapitalisation target required for an international banking licence, according to sources familiar with the matter. Reliable...

Sterling Financial Holdings Company Plc has confirmed that its core banking subsidiaries — Sterling Bank and The Alternative Bank —...

DEAP Capital Management & Trust Plc has announced the receipt of a N1.0 billion equity investment from Banklink Africa Private...

Access Bank Plc has appointed Mrs. Ifeyinwa Osime as Chairman of its Board of Directors, following the retirement of Mr....

The Jigawa State Executive Council has approved the recapitalisation of the state-owned Savings and Loans Limited with a capital injection...

The Nigerian Exchange (NGX) has officially admitted an additional 3,156,869,665 ordinary shares of United Bank for Africa Plc (UBA) arising from its rights issue...

Fidelity Bank Plc has announced that it has successfully met the N500 billion minimum capital requirement set by the Central...

First HoldCo Plc has announced that First Bank of Nigeria Limited (FirstBank) has successfully met the Central Bank of Nigeria’s...

The Central Bank of Nigeria (CBN) has cautioned that higher concentration risk from the ongoing banking sector recapitalisation could trigger investor fatigue...