Section

FINANCIAL SERVICES

Banking, Insurance and general financial services news

Financial Services 1 min
Recapitalization: Exclusion of retained earnings seen increasing dividend payout
By David Olujinmi
Financial Services 1 min
Stamp duty: CBN objects Kasmal International Services’ suit against disbursement of ‘trillions’ in commercial banks
By Nnaemeka Onyekachi
Exclusives 1 min
Fear grips CBN staff as high-profile sacks continue
By Odinaka Anudu
Financial Services 1 min
UBA targets deposit growth of 20% in FY 2024, mulls capital raise
By Chris Ugwu

More Stories

Financial Services

Banks to issue new GMPC National Identity Card to applicants – NIMC

Financial Services

Zenith Bank seeks shareholders’ approval for capital raising

Financial Services

Bank Recapitalization: M&As could lead to higher entry barriers – Fitch

Financial Services

Nigeria’s high interest rate will lead to company shutdowns, job losses – Chike-Obi 

Financial Services

Uganda welcomes first Islamic bank in country

Financial Services

CBN explains exclusion of retained earnings from bank recapitalization process

Financial Services

CBN bans use of foreign currency-denominated collaterals for naira loans

Financial Services

CBN’s policy on harmonization of reporting spurred increased activity in NAFEM – Prof. Adegbemi Onakayo

Financial Services

Existing banks collectively need to raise about N4 trillion to meet CBN’s new capital requirements – Prof. Adegbemi Onakayo

Financial Services

Bank Recapitalization: Shareholders may begin to favour bank stocks over other stocks — Praise Inhansekhien