12 h. ago IMF calls for more stress tests to determine Central Bank capital needs

Tribune Online IMF calls for more stress tests to determine Central Bank capital needs The International Monetary Fund (IMF) has urged countries to adopt regular stress tests for central banks to better determine how much capital they need to maintain financial resilience and institutional credibility. In a new policy blog titled “Stress Tests Can Help Determine How Much Capital Central Banks Need”, IMF economist Romain Veyrune said the approach […] IMF calls for more stress tests to determine Central Bank capital needs Tribune Online

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13 h. ago FCMB Group opens N160bn public offer to retain international licence

Tribune Online FCMB Group opens N160bn public offer to retain international licence First City Monument Bank (FCMB) Group Plc has opened a N160 billion public offer to bolster its capital base and enable its banking subsidiary, First City Monument Bank Limited, to retain its international banking licence under the Central Bank of Nigeria’s (CBN) new recapitalisation policy. The offer, which consists of 16 billion ordinary shares priced […] FCMB Group opens N160bn public offer to retain international licence Tribune Online

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3 d. ago NEXIM Bank declares N30.47bn operating profit, secures Bbb+ rating from Agusto & Co

Tribune Online NEXIM Bank declares N30.47bn operating profit, secures Bbb+ rating from Agusto & Co The Bank has maintained strong liquidity and capital adequacy ratios, with notable growth in its loan book and equity instruments... NEXIM Bank declares N30.47bn operating profit, secures Bbb+ rating from Agusto & Co Tribune Online

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1 week ago TAJBank Has Surpassed Central Bank’s Minimum Capital Requirement, Says CEO

TAJBank, Nigeria’s fastest growing non-interest banks, has met the Central Bank of Nigeria’s (CBN’ s) new minimum capital requirement for national non-interest banks. The managing director/CEO of the bank, Hamid Joda, confirmed the capitalisation feat during his interactive chat with journalists on the sidelines of an investment summit in Abuja. With the compliance with the […]

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2 w. ago Afriland Towers fire: Tinubu condoles with families, FIRS, UBA, United Capital

Tribune Online Afriland Towers fire: Tinubu condoles with families, FIRS, UBA, United Capital President Bola Tinubu has commiserated with the families of the victims, the Federal Inland Revenue Service (FIRS), United Capital, and the United Bank for Africa (UBA) Plc over Thursday's fire disaster at Afriland Towers on Broad Street, Lagos Island. Afriland Towers fire: Tinubu condoles with families, FIRS, UBA, United Capital Tribune Online

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2 w. ago AfDB takes over Africa’s natural capital accounting secretariat managed by World Bank

The African Development Bank (AfDB) has assumed hosting of the Africa Natural Capital Accounting Community of Practice (Africa NCA-CoP) Secretariat, read more AfDB takes over Africa’s natural capital accounting secretariat managed by World Bank

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3 w. ago Race to recapitalisation: 6 listed banks meet CBN’s requirement

From Adanna Nnamani, Abuja Six deposit money banks out of the 13 listed on the Nigerian Exchange (NGX), have so far met the stringent new capital thresholds set by the Central Bank of Nigeria (CBN). They include Access Bank, Zenith Bank, Guaranty Trust Bank (GTBank), Wema Bank, Jaiz Bank, and Stanbic IBTC. The capital recapitalisation […] The post Race to recapitalisation: 6 listed banks meet CBN’s requirement appeared first on The Sun Nigeria.

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4 w. ago Afreximbank challenges African banks, financial institutions on capital, cohesive market

Tribune Online Afreximbank challenges African banks, financial institutions on capital, cohesive market THE African Export-Import Bank (Afreximbank) has called on African banks, insurers, and financial institutions to rally behind citizens with viable, bankable ideas while working collectively to create a more cohesive continental market that nurtures innovation and entrepreneurship. Delivering a keynote at the official opening of the Intra-African Trade Fair (IATF) 2025 in Algiers on Thursday, […] Afreximbank challenges African banks, financial institutions on capital, cohesive market Tribune Online

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