Tag: recapitalisation
Recapitalisation explained: Where Access, FCMB and others fit
Several banks, including Access Bank, Zenith Bank, GTBank, UBA, Fidelity Bank, and First Bank of Nigeria, have already met the…
Recapitalisation of banks crucial for Tinubu’s $1 trillion GDP goal – Cardoso
Cardoso announced the plan to demand recapitalisation of operators in the banking industry at the 58th Annual Bankers’ Dinner organised…
FMBN seeks N500bn recapitalisation
The Federal Mortgage Bank of Nigeria (FMBN) plans to recapitalise to the tune of N500 billion, its Managing Director, Mr…
Wema Bank raises N40b new capital
Mr Segun Oloketuyi, Managing Director, Wema Bank Plc, said on Friday the bank had successfully completed its N40 billion capital…
CBN stops capital outflow by Nigerian banks
The Central Bank of Nigeria (CBN) says it will no longer permit any further outflow of capital from Nigerian banks…
Intercontinental Bank Recapitalisation On Course -GMD
Following yesterday’s vacation of the High Court’s injunction on the Memorandum of Understanding (MOU) between Access Bank and Intercontinental Bank…