Wema Bank concludes 1st tranche of capital raise programme
Wema Bank ALAT has successfully concluded the first tranche of its recapitalisation exercise having secured all relevant regulatory approvals for ...
Tag: Recapitalisation
Recapitlisation: SEC to issue guidelines to facilitate capital raising
The SEC is partnering with the Central Bank of Nigeria (CBN) and other relevant agencies to ensure a smooth process.
Recapitalization: Exclusion of retained earnings seen increasing dividend payout
The exclusion of retained earnings from the computation of minimum capital by the CBN is likely to lead to increased ...
CBN may announce new recapitalisation plan soon
Indications suggest that the CBN would announce a recapitalisation plan this year as commercial banks start to prepare ahead of this move.
Insurance: Recapitalisation exercise sets consolidation in motion
Six insurance companies have notified NAICOM of their plans to merge as part of their efforts in meeting up with ...
SEC to aid insurance recapitalization process – Insurer’s Committee
SEC has declared its support for insurance firms seeking to take advantage of long term investments in the capital market. ...
Insurance recapitalisation, greatest deservice to industry- Mutual Benefit boss
Insurance recapitalisation is counterproductive. #MUTUALBENEFIT #NAICOM
NAICOM to ban borrowing for recapitalisation as foreigners takeover insurance market
The Director, Policy & Regulation, Directorate of the National Insurance Commission (NAICOM), Pius Agboola, has hinted that Insurance Companies would ...
Recapitalisation: NAICOM gives a new directive to insurance firms
Sequel to its directive that mandated insurance and reinsurance firms to raise their capital base, NAICOM has issued a new ...
President Buhari’s support for NAICOM’s recapitalisation bid is rather personal
President Muhammadu Buhari has thrown his weight behind NAICOM's commitment to recapitalise insurance firms in Nigeria's insurance sector.
