News
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Governance Uncertainty Rocks Union Bank as Court Nullifies CBN’s Intervention
The Federal High Court’s landmark judgment nullifying the Central Bank of Nigeria’s (CBN) January 2024 intervention in Union Bank…
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Unity Bank and Providus Bank Merger: A House of Cards?
The proposed merger between Unity Bank and Providus Bank is facing intense scrutiny, with concerns over insider credits, regulatory approvals,…
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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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National Licence: Some Meet Recapitalization Thresholds, Others Still Uncertain
Ecobank Nigeria (ETI Subsidiary). Ecobank Nigeria entered the recapitalisation exercise with an eligible capital of N201 billion, already meeting the…
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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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Equities Market Sustains Bullish Momentum on Tuesday With the NGXASI Up 0.54%; BDC Rate Appreciates to N1,395/US$1
Snapshot 1.1 NGX – Listed Equities On Tuesday, March 17, 2026, the Nigerian equities market closed on a bright note, extending…
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NGXASI Crossed the 200,000 Points Mark on Monday
As Investors Sustained Buying Interest in Blue-Chip Stocks; BDC Rate Closed Flat at N1,400/US$1 Snapshot 1.1 NGX – Listed Equities The…
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Nigeria’s Headline Inflation Moderated to 15.06% in February 2026 Despite Rebound in Monthly Price Pressures
Nigeria’s inflation rate recorded a slight moderation in February 2026, although month-on-month price pressures resurfaced after the sharp contraction observed…
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Faster Clocks, Sharper Markets: What T+1 Settlement Means for Nigeria’s Capital Market Competitiveness – OpEd
by Sola Oni Nigeria stands at the threshold of a settlement revolution. On May 29, 2026, the Central Securities…
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