By Tony Obiechina, Abuja The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has said that the…
Browsing: Banks recapitalisation
By Tony Obiechina, Abuja In a bid to support the Central Bank of Nigeria’s recapitalisation programme towards achieving the targeted…
By Tony Obiechina, Abuja The Securities and Exchange Commission (SEC) says the process of raising funds from the capital market…
Nigerian banks are safe and reliable but the apex bank in its developmental mandate, is leading the banks to strengthen their capacities…
This new Capital requirement is justified by the negative impact of naira depreciation on the capital base of banks over the years
Professor Uwaleke said the move is a welcome development that would help to strengthen the country’s financial system and also a potential boost to the stock market.
To enable them to meet the minimum capital requirements, the CBN urged banks to consider inject fresh equity capital through private placements…
By Tony Obiechina, Abuja Nigerian banks are well-positioned to meet the Central Bank of Nigeria’s (CBN) directive to increase their…
The Central Bank of Nigeria (CBN) says it is planning to implement a new round of banking recapitalisation for the…