Tag: recapitalisation
Recapitalisation: Jigawa Govt. invests N1bn in state-owned Savings, Loans Limited
Dutse, Jan. 23, 2026 (NAN) The Jigawa Executive Council has approved the recapitalisation of the state-owned Savings and Loans Limited by injecting N1 billion...
CIBN inducts 741 members, reassures banks recapitalisation will expand Nigeria’s GDP
The Chartered Institute of Bankers of Nigeria (CIBN) held its 2024 second induction for 741 new members on Saturday in Lagos.
The institute reassured Nigerians...
Banks recapitalisation: Peace of Mind, the Prince and NDIC
Mr Ajayi Audu banks with the 37 year-old Unity Bank Plc and has been a customer for the past 19 years since he started...
Zenith Bank assures shareholders of no dilution in combined offering
Zenith Bank Plc has reassured its shareholders that its existing shareholding will remain unchanged during the bank’s ongoing combined offering.
Zenith Bank Plc’s Group Managing...
Recapitalisation: FCMB Group to raise N397bn in 3 phases
FCMB Group Plc says it plans to raise N397 billion in three phases ahead of the Central Bank of Nigeria (CBN) recapitalisation exercise.
Mr Ladi...
Recapitalisation: Access Holdings arranges for proposed N351.01bn rights issue
Access Holdings Plc says it has conducted a formal signing ceremony to initiate a rights issue offer aimed at raising N351.01 billion from its...
Recapilisation: UBA expects shareholders approval on resolutions
Mr Ogochukwu Nwaghodo, Executive Director, Finance and Risk Management, United Bank for Africa (UBA), says the bank plans to get recapitalisation approval from its...
Banks’ lending to real sector to rise after recapitalisation
The recapitalisation exercise in the banking industry embarked on by the Central Bank of Nigeria (CBN) will trigger an increase in credit extension to...
