Banking, Insurance and general financial services news
Recapitalization: Exclusion of retained earnings seen increasing dividend payout
Zenith Bank seeks shareholders’ approval for capital raising
Bank Recapitalization: M&As could lead to higher entry barriers – Fitch
Nigeria’s high interest rate will lead to company shutdowns, job losses – Chike-Obi
Uganda welcomes first Islamic bank in country
CBN explains exclusion of retained earnings from bank recapitalization process
CBN bans use of foreign currency-denominated collaterals for naira loans
CBN’s policy on harmonization of reporting spurred increased activity in NAFEM – Prof. Adegbemi Onakayo
Existing banks collectively need to raise about N4 trillion to meet CBN’s new capital requirements – Prof. Adegbemi Onakayo
Bank Recapitalization: Shareholders may begin to favour bank stocks over other stocks — Praise Inhansekhien
CRR at 45% positions Nigeria as the highest globally – Bunmi Bajomo