Banking
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Union Bank on Throes of Controversy: Can This Bank Survive?
Leaving a bank where ordinary shareholders have been left high and dry, losing billions of naira over the years in…
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Nigerian Banking Recapitalization Update: 33 Banks Meet Capital Requirements
The Nigerian banking sector is nearing the finish line in its recapitalization exercise, with 33 out of 37 banks announcing…
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Nigeria’s Banking Sector Takes a Strong Step Forward: 7 Banks Meet Recapitalization Deadline For International License
Seven prominent Nigerian banks have successfully met the regulatory requirements and are compliant with the Central Bank of Nigeria’s (CBN)…
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Uncertainty Lingers for Union Bank, Polaris Bank, and Keystone Bank as Recapitalization Hurdles Persist
As Nigeria’s banking sector inches closer to completing its historic recapitalization exercise, three national banks – Union Bank, Polaris Bank,…
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Nigeria’s Banking Recapitalization: 30 Banks Clear Recapitalization Hurdle, 5 Still in Limbo
Nigeria’s banking sector has largely completed one of the most structurally significant capital exercises in its history. With 30 of…
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Nigeria’s Banking Giants Shine in Recapitalization Drive
Zenith Bank Plc. Zenith Bank raised N350.4 billion in aggregate through a rights issue of N162.08 billion (subscribed at 160.47%)…
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Has Ladi Balogun Given Up?
FCMB’s lethargic trajectory sparks concerns about Ladi Balogun’s leadership direction Ladi Balogun, the son of FCMB’s founder, Subomi Balogun, finds…
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More Fears Than Hope Over Unity Bank-Providus Bank Merger
The Unity Bank-Providus Bank merger has continued to spark intense debate, with critics warning that this gamble could end in…
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Uncertainty Over Union Bank : Can Yetunde Oni Rescue It From Relegation ?
Yetunde Oni’s appointment as Managing Director and CEO of Union Bank of Nigeria was met with high expectations, given her…
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UBA Spluttering Profit Engine : Keeping Its Profit Margins Miserable
For years, United Bank for Africa (UBA) has struggled to get its profit engine revving, and it’s still stuck in…
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