The Central Bank of Nigeria (CBN) has been urged to take additional measures to reduce lending rates for households and businesses.
The Central Bank of Nigeria, on Wednesday, announced the conclusion of its 24-month banking sector recapitalisation programme, confirming that Nigerian banks raised ₦4.65 trillion in new capital since ...
The Central Bank of Nigeria (CBN) has signaled a tougher regulatory stance on lenders following the completion of its recapitalisation programme. Vanguard learnt that the apex bank is reinforcing ...
The chairman of the Board of SunTrust Bank Nigeria Limited, Olanrewaju Shittu, has described the bank’s successful ...
With a capital base of over N5.065billion capital at its disposal, Consolidated Hallmark Insurance (CHI) Plc has surpassed 50 per cent of the N10 billion capital expected of a general business insurer ...
Ahead of insurance industry recapitalisation deadline slated for July 2026, Lasaco Assurance Plc has secured the approval of its shareholders to raise its capital level to N36billion. This will allow ...
Following the completion of the banking sector recapitalisation exercise, the Central Bank of Nigeria has commenced a stricter phase of regulatory oversight, directing banks to comply with a ...
FOUR major lenders are nearing decisive moments as the Central Bank of Nigeria’s (CBN) recapitalisation deadline of March 2026 draws closer, with market analysts predicting outcomes that could ...
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The Nigerian banking sector's credit to the private sector edged higher to N75.62 trillion in February 2026, as improved capital buffers from the recently concluded recapitalisation exercise bolstered ...
In a bid to foster accurate public discourse as well as protect the stability of the financial sector, the Association of Corporate and Marketing Professionals in Banks (ACAMB) has stepped in to ...
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