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…
Lagos: 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…
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,…
Abuja (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…
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).…