The fresh capital raised by Nigerian banks is set to hit about N2.99tn if the second tranche of the recapitalisation materialises, The PUNCH can report.In November 2024, it was revealed that about N1.
Nigerian banks have successfully raised N1.7 trillion in the first phase of the Central Bank of Nigeria’s recapitalization ...
The Financial Reporting Council of Nigeria has launched an initiative to address the critical shortage of actuarial ...
Wema Bank has seen its income from foreign exchange revaluation increase to N14.53bn at the end of 2024 from N13.60bn in 2023 ...
The introduction of the FX Code comes at a time when Nigeria’s foreign exchange market has faced serious challenges. These include speculative trading, price manipulation, and concerns over market ...
We’re back in Barclays Women’s Super League action on Sunday as we face Manchester City away. The match kicks off at 12pm (UK) and if you're not making the trip to Joie Stadium, you can tune into the ...
BDC operators have commenced discussions on mergers and acquisition (M&A) in order to meet the recapitalisation deadline set ...
The Central Bank of Nigeria (CBN) has waived N250,000 annual licence renewal fee for each Bureau De Change (BDC) operator for ...