Several organizations such as the Nigeria Labour Congress (NLC), the Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI) have voiced their concerns over job security regarding the new banks’ recapitalisation as ordered by the Central Bank of Nigeria (CBN).
Recapitalization: Banks Expected to Seek Capital Infusion from Stock Market – Senator
Senator Osita Izunaso has said that banks are expected to approach the stock market to raise capital in order to meet the new minimum capital requirements set by the Central Bank of Nigeria...
Recapitalization: Banks Expected to Seek Capital Infusion from Stock Market – Senator
Senator Osita Izunaso has said that banks are expected to approach the stock market to raise capital in order to meet the new minimum capital requirements set by the Central Bank of Nigeria...
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
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...
No fewer than 17 out of the existing 24 Deposit Money Banks may be unable to meet the Central Bank of Nigeria’s capital requirement if it is increased from its current N25bn, according to a report by Ernst and Young.
The new report, titled “Navigating...
