Nigeria banks are making significant strides in raising funding to meet new capital requirements, boosting sector stability and facilitating growth.

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, ...

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

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

The Central Bank of Nigeria (CBN) is to introduce new fees on transactions made using cash machines. In its announcement on ...

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

After a court order, Nigeria Keyston Bank shares have been forfeitured, sparking depositor concerns. CBN reassures sector.

The Federal Government has initiated discussions with the International Finance Corporation (IFC), a member of the World Bank ...

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

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

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

The Federal Government of Nigeria is currently in discussions with the International Finance Corporation (IFC), a member of the World ...