54 h. ago Five Nigerian banks make progress in recapitalisation efforts

Tribune Online Five Nigerian banks make progress in recapitalisation efforts FIVE major Nigerian banks have made progress in their recapitalization efforts, moving closer to meeting the Central Bank of Nigeria’s (CBN’s) minimum capital requirements. The banks have ramped up fundraising initiatives to strengthen their financial positions, boosting investor confidence and reinforcing stability in the banking sector. FirstHoldCo, the parent company of FirstBank, recently concluded its […] Five Nigerian banks make progress in recapitalisation efforts Tribune Online

Politics

56 h. ago Assets size of top ten Nigerian banks surge to record N219.46trn in 9 months

Tribune Online Assets size of top ten Nigerian banks surge to record N219.46trn in 9 months Nigeria’s leading banks have experienced a remarkable surge in their asset base, reaching N219.46 trillion in the first nine months of 2024, ahead of their year-end financial statements. This substantial increase from nearly N150 trillion across the country’s 26 commercial banks in 2023 underscores the banking sector’s robust growth and resilience. This asset expansion highlights […] Assets size of top ten Nigerian banks surge to record N219.46trn in 9 months Tribune Online

Politics

4 d. ago Skales Acknowledges Banky W’s Role In Funding His University Education

Nigerian singer Skales has shown gratitude to music executive Banky W for covering his university tuition. On Thursday, Skales took to X to share a photo of his Bachelor of Science in Business Administration certificate, mentioning that while he graduated from Lead City University years ago, he only recently obtained it. Skales honoured his mother […] The post Skales Acknowledges Banky W’s Role In Funding His University Education appeared first on Information Nigeria.

Politics

2 w. ago Tinubu pledges sustainable financial system at First Bank HQ groundbreaking

President Bola Tinubu has reaffirmed his administration’s commitment to building a sustainable and globally competitive financial system to allow Nigerian banks and other financial institutions to thrive. The President, represented by Vice President Kashim Shettima, made the statement on Wednesday during the groundbreaking ceremony for the new state-of-the-art headquarters of First Bank of Nigeria at Read More

Politics

3 w. ago Ramadan: Tinubu working to ensure Nigerians thrive – APC chieftain

The All Progressives Congress National Leader of Persons With Disability, Tolu Bankole, on Saturday, said the administration of President Bola Tinubu remains committed to creating an enabling environment where every Nigerian, regardless of tribe, religion or status, will thrive. Bankole disclosed this in his Ramadan message to the Islamic faithful made available to journalists in Read More

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3 w. ago Nigeria’s assets attract global investors as reforms benefits spread

Investors across the globe are swooping on Nigerian assets as the impact of the Central Bank of Nigeria (CBN) reforms read more Nigeria’s assets attract global investors as reforms benefits spread

Politics

3 w. ago Nigerian Banks will have no difficulty in capturing the Francophone market – Georges Foaleng

Only three Nigerian banks have any presence in Francophone West and Central Africa, despite Nigeria’s borders with these countries. UBA read more Nigerian Banks will have no difficulty in capturing the Francophone market – Georges Foaleng

Politics

last month IBB: ‘Deceit May Become The New Normal’ – Atedo Peterside Warns

Atedo Peterside, founder of Stanbic IBTC Bank Plc and Anap Foundation, has expressed concerns that the Nigerian elite may soon normalise deceit. Peterside made this statement on Channels TV’s Sunday Politics programme while reacting to Ibrahim Badamasi Babangida’s (IBB) autobiography, ‘A Journey In Service’. In the book, Babangida revealed that he was unaware of the […] The post IBB: ‘Deceit May Become The New Normal’ – Atedo Peterside Warns appeared first on Information Nigeria.

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