Nigerian banks having difficulty meeting the CBN's increased paid-in capital criteria are more likely to downgrade licenses ...

Only two banks have so far been able to meet the new capital requirements prescribed by the Central Bank of Nigeria (CBN), with most of the other banks still in need of huge capital injections, ...

Following successful conclusion of first phase of its capital-raising activities, Fidelity Bank secured approval of ...

Fitch Ratings has said that Nigerian banks are making significant progress in raising core capital to meet new paid-in ...

Fitch Ratings has said Nigerian banks are making progress in recapitalisation, ensuring compliance with CBN’s 2026 deadline and supporting business growth.

Binance’s Head of Financial Crime Compliance, Tigran Gambaryan, has refuted claims made by the Central Bank of Nigeria regarding the alleged outflow of $26 billion from the country through the crypto ...

Fitch Ratings, a leading provider of credit ratings, commentary and research, has said that Nigerian third-tier banks are more likely ...

Fidelity Bank has indicated that it would be raising additional funds via private placements to meet the new capital ...

At 80, Wema Bank Plc stands as a symbol of what is possible when resilience meets innovation. Its legacy is secure, but the ...

Fidelity Bank Plc has raised a total offer combined of N272.51 billion through right issue and public offer, which was ...

Former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has asked the Federal Capital Territory (FCT) High Court in ...