Less than a year until Nigeria’s banking recapitalization deadline, banks must raise at least N2.47 trillion before the Q1 ...

and MTN Nigeria Communications saw flat performances, ending the session unchanged. The progress in the recapitalization efforts of Nigerian banks has strengthened investor confidence. Leading ...

Wema Bank Plc has announced the commencement of a N150bn capital raising exercise through a Rights Issue, in line with the ...

The Central Bank of Nigeria (CBN) required every bank to submit their recapitalisation ... Coincidentally, we are also having the recapitalization of the insurance industry based on the passage of the ...

The Board of WEMA Bank Plc has announced the commencement of its capital raising exercise scheduled to begin April 14, 2025.

Wema Bank has officially announced its intention to undertake a Rights Issue of 14,286,785,417 ordinary shares of 50 kobo each, ...

The Central Bank of Nigeria has mopped up over N26.6tn from the banking system as part of moves to limit money in circulation and control inflation. The N26.6tn was taken from banks as the Cash Reserv ...