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N2.4trn Recapitalisation Fund Raised by Banks Through Capital Market – SEC DG

N2.4trn Recapitalisation Fund Raised by Banks Through Capital Market - SEC DG   Nigerian banks have so far raised N2.4 trillion through the capital market in the ongoing recapitalisation of the banking sector directed by the Central Bank of Nigeria (CBN). Director-General of the Securities and...

Nigeria, World Bank Target Capital Market to Bridge Infrastructure Funding Gap

Nigeria, World Bank Target Capital Market to Bridge Infrastructure Funding Gap   The Federal Government of Nigeria has initiated discussions with the International Finance Corporation (IFC), a member of the World Bank Group, to develop policies that leverage the capital market and other funding options within the country....

Banks, Others Generated N2.7trn From Capital Market – SEC

Banks, Others Generated N2.7trn From Capital Market – SEC The Securities and Exchange Commission (SEC) on Monday revealed that banks and other companies raised a total sum of N2.7trn from the capital market in the first 11 months of 2024. It said the substantial sum was...

Bank Recapitalisation Will Boost Capital Market – Senator Izunaso

Bank Recapitalisation Will Boost Capital Market - Senator Izunaso   The new minimum capital requirements for banks operating in Nigeria, with the objective of ensuring a more safe, sound and stable banking ststem is a welcome development that will help strengthen the country's financial system in...

Bank Recapitalisation Will Boost Capital Market – Senator Izunaso

Bank Recapitalisation Will Boost Capital Market - Senator Izunaso   The new minimum capital requirements for banks operating in Nigeria, with the objective of ensuring a more safe, sound and stable banking ststem is a welcome development that will help strengthen the country's financial system in...

Foreign Investments Inflow To Capital Market Falls To N16bn

Foreign Investments Inflow To Capital Market Falls To N16bn   The foreign investment in the Nigerian Exchange dipped by about 9.73 per cent in January to N15.78bn compared to N17.48bn in December 2023. According to the latest Domestic and Foreign Portfolio Investment Report of the NGX, it...