Banking, Insurance and general financial services news
CRR at 45% positions Nigeria as the highest globally – Bunmi Bajomo
Recapitalization: Banks expected to approach stock market for additional funds – Senator
Africa Finance Corporation raises its largest debt facility, a $1.16 billion syndicated loan
Lawyers, Accountants, Stockbrokers, Investment Banks, and Regulators to benefit from CBN’s new capital raise
Citibank, StanChart face daunting task to meet minimum capital requirement
CBN, law enforcement agencies to monitor banks in Nigeria for illicit financing of recapitalization
Bankers oppose exclusion of retained earnings in CBN recapitalization terms
CBN increases capital base for mega banks to N500 billion, smaller banks N200 billion
FG directs banks to deduct 0.375% stamp duty charges on all loans
Access Holdings to raise staggering N365 billion in right issue
15,000 Ethiopians willingly return free money gotten from Commercial Bank glitch