Nigerian banks are racing to meet the new capital requirements mandated by the central bank, a policy shift that is…
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Otedola urges CBN to raise banks’ capital to ₦1 trillion as FirstBank meets ₦500bn requirement
Billionaire investor and Chairman of First HoldCo Plc, Femi Otedola, has called on the Central Bank of Nigeria (CBN) to…
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GTCO Raises N10bn via Private Placement after CBN, SEC Approval – THISDAYLIVE
Guaranty Trust Holding Company Plc (“GTCO” or the “Company“), has announced that it has obtained the approvals of both the…
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GTCO Receives CBN, SEC Approval for N10 Billion Private Share Placement
Olufemi Adeyemi Guaranty Trust Holding Company Plc (GTCO) has secured regulatory approvals from the Central Bank of Nigeria (CBN) and…
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CBN recapitalisation: Nigerian Banks Dismiss Viral Claim that 12 Banks May Shut Down
ACAM has described a viral claim of planned bank shutdowns as a result of the recapitalisation drive of CBN as…
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Zenith, Access, Ecobank, 13 others meet CBN capital thresholds as deadline nears
Zenith Bank, Access Holdings and Ecobank are among 16 Nigerian banks that have already met the capital requirements set by…
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Zenith Bank To Raise $500m Via Eurobond, Rights Issue To Meet CBN Recapitalisation Deadline
Zenith Bank Plc has announced plans to raise up to $500 million in fresh capital through a mix of Eurobond…
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Wema surpasses minimum capital requirement as N150bn rights issue obtains CBN, SEC approvals
WEMA Bank Plc has announced the successful completion of its N150 billion Rights Issue, which opened on April 14, 2025,…
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Tier-2 Banks brace for recapitalisation drive as CBN deadline nears
Nigeria’s tier-two lfinishers are shifting aggressively to shore up their balance sheets as the Central Bank of Nigeria’s (CBN) March…
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GTCO Injects ₦365.85bn Into GTBank To Meet CBN Capital Rule
Guaranty Trust Holding Company Plc (GTCO) has announced a ₦365.85 billion capital injection into its subsidiary, Guaranty Trust Bank Limited…
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