recapitalisation
5 hours ago
Nigerian insurance companies may join banks soon to source for fresh funds to inject into the industry as a staunch advocate of the muted recapitalisation, Olusegun Omosehin, assumes office soon as the new Commissioner for Insurance and Chief Executive Officer of the National Insurance Commission
15 Apr
The Central Bank of Nigeria (CBN) requires tier 1 banks to raise their Capital (defined as share capital plus share premium) to N500 billion. The options available to banks are right are a private placement, a public offer to the general public and a right issue for existing shareholders.
12 Apr
Worried by the growing housing deficit in the country, real estate experts have advocated the recapitalisation of mortgage banks in the country.
8 Apr
Less than a week into the effective date of the exercise, the recapitalisation programme of banks may face its first acid test in the coming days as influential bank owners and top bankers have started throwing spanners into the implementation...
8 Apr
During a congressional hearing last month, Senator Elizabeth Warren accused the Chair of the United States Federal Reserve, Jerome Powell: "When the heat was on last year, you talked a lot about getting tougher on the banks.
5 Apr
Another round of bank recapitalisation is here and for the next two years between April 1, 2024 and March 31, 2026, the nation’s 25 commercial and six merchant banks are expected to shore up their minimum share capital by as much as 100 per cent...
19 Feb
As Nigeria charts its course through current economic headwinds, the path forward remains uncertain especially with the planned recapitalisation of banks mostly likely to headline the course of the financial system in the year.
Latest
32 mins ago
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