FCMB Group Plc has projected a profit after tax (PAT) of N58.8 billion for the fourth quarter of 2025, according to its latest filing on the Nigerian Exchange (NGX).
This article explores how banks have fared since the announcement of their public offers and rights issues
The global stock market rout is likely to affect the bank recapitalization efforts of Nigerian banks, according to findings from Nairametrics Research.
The recapitalization frenzy sees Access, GTB, and Fidelity leading, while NGX Invest aims to revolutionize public participation in equity offerings
Nigerian banks appear poised for another round of losses as investors continue to weigh their options regarding the impending bank recapitalization plans.
Head of investment and research at Meristem Securities Limited, Praise Ihensekhien, has hinted that the recent recapitalization policy by the Central Bank of Nigeria (CBN) could result in a shift of preference among shareholders and investors towards bank stocks, due to an increased flow of liquidity into the banking sector.
Banks are expected to approach stock market for additional fund with the introduction of new minimum capital requirements, according to Senator Osita Izunaso, the Senate Committee Chairman on Capital Market and Institutions.
