6 h. ago ACAMB dismisses unfounded claims on banks’ recapitalisation status

Says no bank is shutting down THE Association of Corporate Communication and Marketing Professionals in Banks (ACAMB) has dismissed as false and misleading a viral Instagram video claiming that 12 Nigerian banks would be shut down by the Central Bank of Nigeria (CBN) by March 2026. In a statement, ACAMB said the video—posted by one […]

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6 h. ago CBN: Building a sound, resilient banking sector as recapitalisation gains momentum

Nigeria’s banking system is navigating one of the most defining moments in its modern history. Amid macroeconomic headwinds and far-reaching reforms, the Central Bank of Nigeria (CBN) says the sector remains fundamentally stable, sound, and resilient—even as banks race to meet new capital requirements that are reshaping the industry. At the heart of this transformation […]

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6 d. ago CBN: Building sound, resilient banking sector as recapitalisation gains momentum

Nigeria’s banking system remains fundamentally stable, sound and resilient, a cornerstone of financial stability. At the same time, the Central read more CBN: Building sound, resilient banking sector as recapitalisation gains momentum

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7 d. ago Recapitalisation inertia: Nigerian bank draws strategic investor interest

FRESH indications have emerged that one of Nigeria’s oldest banking institutions, which is yet to meet the Central Bank of Nigeria’s (CBN) recapitalisation requirements, is currently attracting strategic investor interest from at least three groups. Market intelligence suggests that despite an outward appearance of regulatory calm, the CBN has been quietly reviewing competing bids from […]

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9 d. ago Awujale stool: Onanuga reacts after Ruling House disowned K1 De Ultimate

Tribune Online reports that the spokesperson of Fusengbuwa Nomination Committee, Abiodun Ogidan, during a briefing on Thursday, said the musician’s lineage claim was unfounded.

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2 w. ago Cardoso says 27 banks raised fresh capital in recapitalisation race

At least twenty-seven banks are raising new capital ahead of a sector-wide recapitalisation programme that is expected to boost lenders’ read more Cardoso says 27 banks raised fresh capital in recapitalisation race

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2 w. ago Adaobi Alagwu Slams Tunde Ayeni Over ‘False, Desperate Claim’ Of Out

  An Abuja-based lawyer, Barr. Adaobi Alagwu, has strongly refuted claims by former chairman of the defunct Skye Bank Plc, Mr. Tunde Ayeni, alleging that she was seeking an out-of-court settlement in the ongoing litigation between them. She described the claims as false, malicious, and entirely unfounded. Ayeni and Alagwu have been embroiled in a […]

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3 w. ago Zenith Bank GMD buys N732.6m worth of shares, signals strong growth outlook

Zenith Bank’s Chief Executive Officer and Group Managing Director, Dr. Adaora Umeoji, has acquired 11 million units of the bank’s shares in a move widely seen as a strong vote of confidence in the lender’s growth trajectory after Nigeria’s banking recapitalisation drive. According to a regulatory filing on the Nigerian Exchange (NGX), the transaction—valued at […]

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3 w. ago Cardoso: 27 banks raise capital to meet recapitalisation targets

CBN Governor Olayemi Cardoso reports that 27 banks are raising funds to meet new bank recapitalisation targets ahead of the March 2026 deadline. Read More: https://punchng.com/cardoso-27-banks-raise-capital-to-meet-recapitalisation-targets/

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3 w. ago 27 banks raise fresh capital in latest recapitalisation drive — CBN

The CBN Governor confirms 27 banks are on track with the bank recapitalisation exercise, raising fresh funds ahead of the March 2026 deadline. Read More: https://punchng.com/27-banks-raise-fresh-capital-in-latest-recapitalisation-drive-cbn/

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