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Banking
286 posts
CBN approves N700bn to boost Unity, Providus banks’ merger
By Stanley Onyeka, Lagos and Tochukwu Bliss, Abuja The Central Bank of Nigeria (CBN), has announced the approval…
Bankers back Windfall Tax, say it will alleviate poverty
By Tochukwu Bliss with agency report, Abuja Minister of Finance and Coordinating Minister of the Economy, Mr Wale…
Zenith Bank to raise N290bn in public offering
By Stanley Onyeka, Lagos Zenith Bank Plc said it plans to raise N290 billion through a combination of…
Recapitalisation: FCMB Group to raise N397 billion in three phases
FCMB Group Plc says it plans to raise N397 billion in three phases ahead of the Central Bank…
CAC issues guidelines for banks’ recapitalisation
By Stanley Onyeka, Lagos Financial institutions or banks pursuing recapitalisation plans must submit an approved name reservation or…
Fast payment of liquidated Heritage Bank’s customers traceable to advanced technology
The Nigeria Deposit Insurance Corporation (NDIC), has attributed its swift payment of depositors of the failed Heritage Bank…
CBN directs banks to transfer funds in dormant accounts, unclaimed balances
By Stanley Onyeka, Lagos The Central Bank of Nigeria (CBN), has issued revised guidelines on the management of…
Access Bank raises N442bn through syndicated Tier II facility
By Stanley Onyeka, Lagos In efforts toward fostering economic growth, Access Bank PLC, in its partnership with the…
Access Bank targets Top 20 position in UK, $1bn profit by 2027
By Stanley Onyeka, Lagos Access Bank has unveiled an ambitious plan to position its UK subsidiary, Access Bank…
Access Holdings holds signing ceremony to raise ₦351bn from rights issue
By Stanley Onyeka, Lagos Access Holdings Plc yesterday held a formal signing ceremony as part of the arrangements…