Tag Archives: Recapitalisation

Days after urging Nigerian banks to expedite action on the recapitalisation of their capital base in order to strengthen the financial system, the Central Bank of Nigeria (CBN) on Thursday, March 28, 2024, unveiled new minimum capital requirements for banks, pegging the minimum capital base for commercial banks with international …

…As Firm Surpasses Recapitalization Record with N5 Billion Following the success recorded for the year 2020, the Prudential Zenith Life Insurance has set a new target for the year 2021. According to the firm, they are positioned to meet the additional capital requirement of N8 billion well ahead of the …