Lagos: The Association of Corporate and Marketing Professionals in Banks (ACAMB) has debunked claims of bank shutdowns under the Central Bank of Nigeria’s recapitalisation policy, stressing that international banks are …
BankingSector
-
-
Business & Economy
ACAMB Assures: Nigerian Banks Are Stable and Healthy
by Toye Faleyeby Toye FaleyeLagos: The Association of Corporate Communication and Marketing Professionals in Banks (ACAMB) has assured that Nigerian banks are safe and healthy, with none having shut down due to recapitalisation, as …
-
News Across the Nation
NDIC Urges Citizens to Avoid Ponzi Schemes, Invest Only in CBN-Licensed Banks
Abuja (Nigeria): The Nigeria Deposit Insurance Corporation (NDIC) has advised Nigerians to be vigilant against Ponzi schemes and other fraudulent investment platforms. The Managing Director of NDIC, Mr Thompson Sunday, …
-
Business & Economy
14 Banks Meet New Capital Requirement in Full — Cardoso
by Toye Faleyeby Toye FaleyeAbuja (Nigeria): The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, says 14 Nigerian banks have fully met the new capital requirement in the ongoing recapitalisation exercise. Cardoso …
-
Business & Economy
Wema Bank Surpasses Capital Threshold with ₦150bn Rights Issue, Secures CBN & SEC Approval
Lagos, Nigeria: Wema Bank Plc has completed its ₦150 billion Rights Issue, securing regulatory approvals from both the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC). …
