Bank Recapitalization

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...

FCMB Group Plc says it has completed its public offer, positioning the financial holding company to meet the N500 billion capital requirement set by...

Nigeria’s banking sector is undergoing one of the most transformative capital overhauls in its history, as commercial banks scramble to...

The Central Bank of Nigeria (CBN) has revealed that 16 banks have met its recapitalisation threshold, marking steady progress in the industry’s efforts to strengthen balance sheets and...

The share capital of Wema Bank Plc, one of Nigeria’s Tier 2 financial institutions, rose by a significant 66% with...

TAJBank Limited, one of Nigeria’s fastest-growing non-interest banks, says it has exceeded the Central Bank of Nigeria’s (CBN) new minimum...