Shareholders of ASO Savings & Loans Plc have expressed strong backing for the ongoing ₦120 billion recapitalisation initiative aimed at reinforcing the bank’s financial base and...
Guaranty Trust Holding Company Plc (GTCO) has announced plans to list its ordinary shares on the London Stock Exchange (LSE), marking a strategic move aimed at...
Amid a weakened naira and Nigeria’s slip in the African banking hierarchy, the Central Bank of Nigeria (CBN) is banking on recapitalisation to fortify the financial...
A recent report by Renaissance Capital Africa has revealed that six Nigerian banks collectively hold approximately $3.52 billion in loans under regulatory forbearance. This development follows...
First HoldCo and FCMB Group have both reiterated their commitment to sustaining dividend payments in 2025, even as they continue to navigate regulatory forbearance measures issued...
Zenith Bank Plc has disclosed that it will exit the regulatory forbearance framework of the Central Bank of Nigeria (CBN) by June 30, 2025. The update...
Zenith Bank and Access Holdings Plc are the only Nigerian Tier 1 banks that have successfully surpassed the N500 billion minimum capital and share premium benchmark...
Zenith Bank Plc has listed an additional 9.67 billion ordinary shares on the Nigerian Exchange Limited following the successful completion of its hybrid offer, which included...
As the Central Bank of Nigeria’s (CBN) recapitalisation directive approaches, four commercial banks—Access Bank, Zenith Bank, Fidelity Bank, and FCMB Group—have completed their rights offer, raising...
Fidelity Bank has outlined its intention to raise additional capital via private placements to meet the revised capital requirements set by the Central Bank of Nigeria....