recapitalisation

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    JAIZ BANK PLANS N70BN CAPITAL BASE BY DECEMBER 2024

    JAIZ BANK PLANS N70BN CAPITAL BASE BY DECEMBER 2024 Jaiz Bank has announced plans to increase its capital base to N70 billion by the end of 2024, reaffirming its commitment to becoming a central hub for Islamic banking in Africa. This information was disclosed by the Chairman of the Board of...
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    RECAPITALISATION: BANK DIRECTORS ACQUIRE N39BN SHARES

    As the banking sector recapitalisation intensifies, bank directors have been increasing their stakes in their companies. An analysis of directors' dealings with the Nigerian Exchange Limited from the end of May to June shows that bank chiefs acquired about 1.86 billion shares worth around N39.32...