Zenith Bank Plc has announced a 16 per cent growth in its gross earnings for the first nine months of 2025, reaching ₦3.37 trillion compared to ₦2.9 trillion recorded during …
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CBN recapitalisation
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BankingBusinessEconomyFinanceINVESTMENTRegulation
Standard Chartered Meets CBN’s N200bn Capital Requirement Ahead of 2026 Deadline
Standard Chartered Bank Nigeria Limited has announced that it has successfully met the Central Bank of Nigeria’s (CBN) new minimum capital requirement of ₦200 billion for national commercial banks, well …
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Access BankBankingBusiness GrowthCentral BankingFinance & ServicesGTCOStanbic IBTCZenith Bank
Banks That Have Fully Met the New CBN Minimum Capital Base (Access, Zenith, Stanbic IBTC, Wema, Lotus, Gtbank)
The Central Bank of Nigeria’s directive on the recapitalisation of banks has continued to shape discussions in the financial sector. Since the announcement, attention has been focused on which banks …
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BankingBusinessEconomyFinanceINVESTMENTRegulation
GTCO Injects ₦365.85bn Into GTBank to Meet CBN Capital Requirement
Guaranty Trust Holding Company Plc (GTCO) has made a huge capital injection of ₦365.85 billion into its main subsidiary, Guaranty Trust Bank Limited (GTBank), in order to meet the Central …
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BankingBusinessFinance & ServicesInfrastructureRegulationTechnology
NOVA Bank Targets Growth with New Branches, Regional Licence Plan
NOVA Bank has announced plans to open new branches in Owerri, Abuja, and Port Harcourt as part of efforts to expand its operations across the country. The bank also said …
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Banking, Finance & InvestmentBusinessEconomyFinance & ServicesInternational RelationsMarketsNigeria
GTCO to Raise $100m via London Stock Exchange to Meet CBN Capital Rule
Guaranty Trust Holding Company Plc (GTCO) has announced plans to raise about $100 million through a fully marketed equity offering on the London Stock Exchange (LSE). This move is part …
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DevelopmentEconomyFinance & ServicesGOVERNMENTInternational RelationsOil & Gas
IMF hails CBN’s reforms, warns Nigeria to adjust 2025 budget over oil revenue
The International Monetary Fund (IMF) has praised the Central Bank of Nigeria (CBN) for the bold reforms it introduced to stabilise the economy, but warned that Nigeria may exceed its …
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Nigeria’s biggest bank by market value, Guaranty Trust Holding Company Plc (GTCO), is making bold moves to expand its international reach. The banking group has announced plans to list its …
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Banking, Finance & InvestmentBusinessEconomyFinance & ServicesMarketsPolicies
CBN Silent as Recapitalisation Deadline for BDCs Elapses
The Central Bank of Nigeria (CBN) is yet to speak on the next steps regarding the planned recapitalisation of Bureau De Change (BDC) operators, even as the official deadline of …