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, ...

The Central Bank of Nigeria (CBN) has released a public statement on the Keystone Bank takeover, and addressed concerns over ...

In a report, it said the two largest banks, Access Holdings and Zenith Bank, are the first to secure enough fresh capital to ...

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.

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 ...

Leading financial institution, Fidelity Bank Plc, has announced the successful conclusion of the first tranche of its equity capital raise ...