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Nigeria
Punch
National & Local
Bank recapitalization key to closing $120bn trade finance gap – Kale
Dr. Yemi Kale stressed the importance of bank recapitalization in addressing Africa's significant trade finance gap during the Ecobank Customer Forum.
Feb 18 • 00:08 UTC
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Africa
AllAfrica
National & Local
Nigeria: Sterling Financial Holdings Confirms Full Recapitalisation of Banking Subsidiaries
Sterling Financial Holdings has confirmed the full recapitalization of its banking subsidiaries in accordance with new regulatory requirements from Nigeria's central bank.
Feb 16 • 11:05 UTC
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Nigeria
Punch
National & Local
Summit Bank hits N15.3bn capital base
Summit Bank has reached a regulatory capital base of N15.3 billion, surpassing the Central Bank of Nigeria's minimum requirement for regional non-interest banks and ensuring its growth ahead of the 2026 recapitalization deadline.
Feb 6 • 00:20 UTC