Bank Recapitalization

A new research note by Renaissance Capital has revealed that several of Nigeria’s most prominent banks are facing significant exposure...

Wema Bank has announced plans to raise N50 billion through a private placement, as part of its strategy to meet...

FirstHoldCo Plc has reaffirmed its commitment to meeting the N500 billion capitalization target set by the Central Bank of Nigeria...

Wema Bank has officially announced its intention to undertake a Rights Issue of 14,286,785,417 ordinary shares of 50 kobo each,...

GTCO has declared a record N7 per share in final dividends, bringing its total dividend for the year to N8...

Zenith Bank Plc has released its 2024 FY results, reporting a record profit after tax of N1.03 trillion.

United Bank for Africa Plc has released its audited financial results for the year ending December 31, 2024, reporting a...

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.