FBN Holdings has disclosed that it will be seeking shareholders’ approval to raise N300bn additional capital.
In a notice of its extraordinary general meeting… Read More...
Two people were on Saturday and Sunday killed following a renewed cult war in Awka, Anambra State.
It was learnt that one of the victims was killed on Saturday on Udeke Street in… Read More...
The Nigerian Exchange Group has indicated plans to raise about N10bn in additional capital via a rights issue.
In a notice of Annual General Meeting, the group,… Read More...
Renaissance Capital Africa report suggests that 2024 has a positive outlook for Nigeria with a strengthening currency and a rise in oil prices.
Its latest… Read More...
Twelve banks will be unable to utilise about N4.8tn in retained earnings in their coffers to strengthen their capital base in line with the new Central Bank of… Read More...
Barely 48 hours after restating the need to increase the capital base of Deposit Money Banks for improved productivity, the Central Bank of Nigeria has… Read More...
United Capital has grown gross revenue by 71 per cent year-on-year to N45.90bn in 2023.
According to the firm’s audited financial results for 2023, filed with… Read More...
The Central Bank of Nigeria has announced the increment of the capital base for commercial banks with international authorisation to N500bn and national banks… Read More...
The Central Bank of Nigeria (CBN) has pegged the minimum capital base for commercial banks with international authorisation at N500 billion.
In a circular signed by the Director,… Read More...