THE recapitalisation process in Nigeria’s banking sector has been marked by a surge in private placement exercises, as financial institutions seek to inject fresh capital to bolster their balance ...
Data from the Central Bank of Nigeria (CBN) reviewed at the weekend, indicated that banks’ credit to the private sector (CPS) ...
Some of Nigeria’s largest banks, including Zenith Bank, Guaranty Trust Holding Company, United Bank for Africa, Stanbic IBTC, and Fidelity Bank, reported record-breaking profits in their 2024 ...