Recapitalisation: UBA to raise N239bn through Rights Issue
The United Bank for Africa (UBA) Plc has announced that it with raise N239.4 billion through a Rights Issue of 6,839,884,274…
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Recapitalisation
Recapitalisation: SEC DG says five banks’ shares oversubscribed
The Director-General of the Securities and Exchange Commission, Dr. Eromomotimi Agama, announced that the five banks that…
Banks are in good stead to meet CBN’s recapitalisation target – ACAMB
The Association of Corporate & Marketing Communication Professionals of Banks (ACAMB) has assured the banking public that…
Presidency backs CBN on bank recapitalisation
The Presidency has supported the Central Bank of Nigeria's plan to raise the capital base of deposit money banks in the country.…
CBN sets 2022 deadline for MfBs’ N200m recapitalisation
The Central Bank of Nigeria (CBN) has set April 2022 deadline for tier-1 Microfinance Banks (MfBs) to achieve N200 million…
CBN Extends Deadline for Microfinance Banks Recapitalisation
With deep consideration to the COVID-19 pandemic on economic activities, the Central Bank of Nigeria (CBN) has announced…
NAICOM shifts recapitalisation deadline by six months
The National Insurance Commission (NAICOM) has extended the recapitalisation deadline by six months. Operators now have from June…
NAICOM approves recapitalisation plans of 44 firms
The National Insurance Commission ( NAICOM) on Tuesday in Lagos granted no objection to 44 insurance companies to proceed with…
Buhari approves proposed recapitalisation of insurance firms
President Muhammadu Buhari on Monday approved the National Insurance Commission (NAICOM’s) directive for the …
Emefiele unveils five-year agenda, reveals plans to recapitalise commercial…
In the next five years, the Central Bank of Nigeria (CBN) says it will pursue a programme of recapitalising the banking industry…