Tag Archives: CBN

GTCO PLC Completes Phase 1 Of Equity Capital Raise, Secures ₦209 Billion

Guaranty Trust Holding Company Plc has announced the successful conclusion of the initial phase of its equity capital raise program. This milestone follows the completion of the capital verification exercise by the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission's (SEC) approval of the Basis of Allotment of the Offer.

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Banks Recapitalisation: What’s in it For Us?

By Dayo Omoogun Enhancement of banks’ capital base or restructuring of banks’ capital which is more popularly known in social parlance as bank recapitalization has become topical once again in the last few months ever since the Central Bank of Nigeria first hinted at it November last year and finally announced its decision to compel new capitalisation benchmarks for banks …

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CBN: SINET Seeks Probe Of $2.4Bn Forex Trading Alleged Fraud

The Social Integrity Network, (SINET) has demanded further clarification concerning a statement credited to the Central Bank of Nigeria, CBN Governor, Mr. Olayemi Cardoso, on issues regarding the alleged and well-publicized revelations of a $2.4 billion forex trading fraud.

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