bankrecapitalization

Why Nigeria’s Top Banks Are Raising Capital Early: Meristem Explains Nigeria’s tier-1 banks are moving swiftly to raise capital ahead of the recapitalization deadline, and Meristem Securities has shed light on why they are acting early. At the Meristem 2025 Annual Outlook Conference in Lagos...

N1.7 Trillion Boost for Banks: SEC Highlights Success of E-Offering Platform The Securities and Exchange Commission (SEC) has revealed that a whopping ₦1.682 trillion has been raised through e-offering as part of banks' recapitalization efforts. This groundbreaking update was shared by the...

COLLABORATION BETWEEN CBN, SEC, AND NDIC TO SIMPLIFY BANK RECAPITALISATION 1. Article Overview: - The Central Bank of Nigeria (CBN), the Securities and Exchange Commission (SEC), and the Nigeria Deposit Insurance Corporation (NDIC) are collaborating to streamline the bank recapitalization...

BANK RECAPITALISATION, CATALYST FOR A $1TN ECONOMY- AFRINVEST Key Findings: 1. Projected Debt Stock: - Nigeria’s public debt stock is anticipated to reach ₦130 trillion by December 2024. 2. Current Debt Statistics (Q1 2024): - Total Public Debt Stock: ₦121.67 trillion - Domestic...

RETAIL INVESTORS MAY SHUN BANK STOCKS AFTER N1.6TN LOSS Key Points: 1. Market Capitalisation Loss: - Total Loss: Banking stocks on the Nigerian Exchange have lost approximately N1.62 trillion in market capitalisation since the Central Bank of Nigeria (CBN) issued a recapitalisation...