recapitalisation

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    CORNERSTONE INSURANCE AND ITS STANCE ON RECAPITALIZATION

    CORNERSTONE INSURANCE AND ITS STANCE ON RECAPITALIZATION 1. Position on Recapitalisation - Company Readiness: - Stephen Alangbo, Managing Director of Cornerstone Insurance Plc, stated that the company is prepared for any upcoming recapitalisation measures by the National Insurance Commission...
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    RT BRISCOE LAUNCHES RECAPITALIZATION FUND

    RT BRISCOE LAUNCHES RECAPITALIZATION FUND 1. Introduction of the Fund: - RT Briscoe Nigeria Plc has launched the "R.T. Briscoe Savings and Investment Fund," a pioneering initiative that allows investors to save and invest in the company over time. - The fund is approved by the Securities...
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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...