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...
Wema Bank has announced plans to raise an additional N200bn in its final tranche of the recapitalisation exercise. In a statement released by the bank on...
The Nigerian Economic Summit Group (NESG) has endorsed the proposed stabilisation fund aimed at providing single-digit interest rate loans to boost Nigeria’s manufacturing sector. Speaking during...