Recapitalisation: CIS wants banks to explore public offers, special placements
While Nigerian banks are in a race to raise over N4 trillion in fresh capital to meet new regulatory requirements,...
- Saturday, June 20, 2026
BusinessDay
While Nigerian banks are in a race to raise over N4 trillion in fresh capital to meet new regulatory requirements,...
Adewale-Smatt Oyerinde, director-general, Nigeria Employers’ Consultative Association (NECA), says the tightening measures adopted by the Central Bank of Nigeria (CBN)...
By Eniola Olatunji and Zainab Aderounmu For Adekunle William, chief executive officer of Dr Stitches Clothiers, the continuously rising energy...
The foreign reserve has depleted to $32.29 billion, which is a six-year low in the Central Bank’s course to save...
…Foreign reserves extend decline to $32.29bn The naira hit a seven-month high of 1,000 per US dollar at the black...
United Bank for Africa (UBA) plans to raise capital through rights issues or private placement to meet new capital requirements....
Nigeria’s headline inflation rate rose to a record high of 33.2 percent last month despite the recent strengthening in the...
By Eniola Olatunji and Wasiu Alli With Nigerians facing a possible 32 percent inflation surge for March, the UK releases...
Nigerian lender Zenith Bank Plc seeks to create 31.3 billion new shares, aiming to raise additional capital. The exact amount...
GTCO Plc plans to raise $750 million through a rights issue, the lender said in a notice filed on the...