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Banking Recapitalization

3 News
FCMB
Finance

FCMB Converts ₦23bn Loan to Equity, Lists 3.16bn Shares on NGX

First City Monument Bank (FCMB) has strengthened its capital base with the conversion of a ₦23.11 billion mandatory convertible loan, including accrued interest,...

News

CBN’s Bold Move: Banking Recapitalization Fuels Nigeria’s $1 Trillion Economic Vision

In a strategic move to propel Nigeria towards its ambitious $1 trillion economic goal, the Central Bank of Nigeria (CBN) has reaffirmed the...

CBN Governor, Olayemi Cardoso,
Economy

CBN Digital Finance Inclusion, Cardoso Economic Policy, Nigeria Recapitalization

Central Bank of Nigeria (CBN) Governor Olayemi Cardoso has reaffirmed the bank’s dedication to leveraging digital technology to broaden financial access, particularly for...