Section

FINANCIAL SERVICES

Banking, Insurance and general financial services news

Financial Services 1 min
Bank recapitalisation: up to N4 trillion of inflow expected to meet new requirement – Agusto & Co
By Aghogho Udi
Financial Services 1 min
Recapitalization: Banks expected to approach stock market for additional funds – Senator
By Sami Tunji
Financial Services 1 min
Africa Finance Corporation raises its largest debt facility, a $1.16 billion syndicated loan
By David Olujinmi
Financial Services 1 min
Lawyers, Accountants, Stockbrokers, Investment Banks, and Regulators to benefit from CBN’s new capital raise
By Chris Ugwu

More Stories

Financial Services

Citibank, StanChart face daunting task to meet minimum capital requirement

Financial Services

CBN, law enforcement agencies to monitor banks in Nigeria for illicit financing of recapitalization 

Exclusives

Bankers oppose exclusion of retained earnings in CBN recapitalization terms

Breaking News

CBN increases capital base for mega banks to N500 billion, smaller banks N200 billion

Financial Services

FG directs banks to deduct 0.375% stamp duty charges on all loans

Breaking News

Access Holdings to raise staggering N365 billion in right issue

Financial Services

15,000 Ethiopians willingly return free money gotten from Commercial Bank glitch 

Crime and Insecurity

IPOB raises $160,000 through monthly dues, crowdfunding – NFIU

Economy

CBN to banks, expedite action on recapitalization

Economy

Law enforcement agencies investigating $2.4 billion invalid FX transactions – Cardoso