42 m. ago Operators Decry Securities Commission’s New Capital Requirements

Nigeria’s capital market operators have decried the Securities and Exchange Commission’s (SEC) new capital hike, describing it as the “highest in the world” and warning that it risks wiping out brokers. The SEC’s revised requirements substantially raise capital thresholds across operator categories, including stockbrokers, fund managers and digital asset platforms, with compliance due by 30 […]

Politics

45 h. ago Securities Commission Raises Capital Base For Market Operators, Sets June 2027 Deadline For Compliance

The Securities and Exchange Commission (SEC) has overhauled minimum capital requirements for all regulated capital market entities, marking the first major review in 10 years. The revision addresses the need to “strengthen market resilience, enhance investor protection, align capital adequacy with the evolving risk profile of market activities, and ensure that regulated entities possess sufficient […]

Politics

4 d. ago RMB acts as lead issuing house for Presco’s N236 billion capital raise

Rand Merchant Bank (RMB) Nigeria Limited has completed its role as lead issuing house on Presco Plc’s N236 billion rights read more RMB acts as lead issuing house for Presco’s N236 billion capital raise

Politics

5 d. ago Fidelity Bank achieves N564.5bn capital base after successful Private Placement

Fidelity Bank Plc has achieved a capital base of N564.5billion after the bank successfully opened and closed a Private Placement read more Fidelity Bank achieves N564.5bn capital base after successful Private Placement

Politics

1 week ago Fidelity Bank completes N500bn capital raise ahead of deadline

Fidelity Bank Plc said it has raised the required minimum share capital for lenders with international authorisation, boosting its capital read more Fidelity Bank completes N500bn capital raise ahead of deadline

Politics

1 week ago TAJBank Surpasses Central Bank’s N20bn New Capital Base Ahead Of Deadline

TAJBank Plc said it has crossed the Central Bank of Nigeria’s N20 billion new minimum capital requirement for national non-interest banks, positioning it among early movers ahead of the March 2026 enforcement deadline. The recapitalisation, which affects all categories of banks, requires national non-interest banks to raise their minimum capital base to N20 billion by […]

Politics

1 week ago 19 Banks Meet New Capital Requirements Ahead Of March 31 Deadline

With less than 90 days to the recapitalisation deadline for banks in the country, 19 banks have now met the new capital requirements  ahead of the March 31, 2026 deadline given by the Central Bank of Nigeria (CBN), as First Bank Nigeria, Fidelity Bank and FSDH Merchant Bank join the league of recapitalised banks. This […]

Politics

2 w. ago Capital Market Raises N753bn From Commercial Paper Issuances

Nigeria’s capital market raised over N753 billion through commercial paper issuances between April and October 2025, underscoring strong investor confidence and the resilience of the market. The director-general of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama stated this in an interview . Agama noted that the funds supported short-term financing needs across key […]

Politics

2 w. ago Nigeria’s capital market raised N753bn in seven months, SEC chief says

Nigeria’s capital market raised more than N753 billion between April and October through commercial paper issuances, a sign of growing read more Nigeria’s capital market raised N753bn in seven months, SEC chief says

Politics

3 w. ago Edo Assembly Orders Recovery of N17.5bn Radisson Blu Funds, Moves To Reclaim Hotel

Lawmakers in the Edo State House of Assembly have given nod to Governor Monday Okpebholo to work with relevant anti-graft agencies to recover N17.5 billion from two Escrow Agents, Meristem Trustees Limited and Emerging Africa Trustees Limited. The N17.5 billion was the balance of the N25 billion former Governor Godwin Obaseki raised from the Capital […]

Politics

4 w. ago Why Nigeria’s banking giants are buying more shares to secure power, profits

Nigeria’s biggest banks are in the middle of an intense race to raise capital, but this time the strongest signals are not coming from foreign investors or pension funds. Instead, they are coming from the top floors of bank headquarters. Across Tier-1 banks, senior executives and influential insiders are using personal and corporate funds to […]

Economics