Recapitalization: Rights Issue will shield banks from hostile takeovers – Onukwe
Mr. Sam Onukwue is the Chairman of the Association of Securities Dealing Houses of Nigeria (ASHON) and a Fellow of ...
Tag: Bank Recapitalisation
Bank recapitalisation: FCMB plans to raise N150 billion by end of September 2024
The Management of First City Monument Bank (FCMB) has disclosed plans to raise N150 billion between now and September 2024. ...
Bank Recapitalization: M&As could lead to higher entry barriers – Fitch
Global ratings agency, Fitch Ratings has stated that the Mergers and Acquisitions (M&As) that would accompany the bank recapitalisation exercise ...
CBN explains exclusion of retained earnings from bank recapitalization process
The Financial Policy & Regulatory Department of the Central Bank of Nigeria (CBN), Haruna B. Mustafa, has provided reasons for ...
Second day of declines for NGX as investors show caution towards bank recapitalization
NGX falls for the second consecutive day as investors exhibit caution towards the central bank's recapitalization plans
Bank recapitalisation: up to N4 trillion of inflow expected to meet new requirement – Agusto & Co
Credit ratings agency, Agusto and Co have projected that up to N4 trillion of inflow is expected by banks to ...
Bankers oppose exclusion of retained earnings in CBN recapitalization terms
Bankers are voicing opposition to the Central Bank’s decision to omit retained earnings from the minimum share capital calculation in ...
CBN increases capital base for mega banks to N500 billion, smaller banks N200 billion
The CBN also stated that all banks are required to meet the minimum capital requirement within 24 months commencing from ...
CBN to banks, expedite action on recapitalization
The Central Bank of Nigeria (CBN) has directed deposit money banks in the country to expedite actions on the increase ...
CBN is set to recapitalise Nigerian banks again
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has announced that the apex bank is set ...
