Category : Search result: visa bond requirement


NGX Lists 3.16 Billion New UBA Shares

The Nigerian Exchange has listed 3.16 billion new UBA shares from a rights issue, raising N158bn and pushing the bank's total capital above the CBN's N500bn requirement. Read more.

Turkey Requests Access to Nigeria's E-Visa Platform

Turkey has formally requested to join Nigeria's electronic visa system to ease travel for businesspeople and strengthen bilateral relations. The move aims to resolve logistical hurdles for Turkish investors.

US Revokes 100,000+ Visas, Hits Nigerian Students

The US State Department has revoked over 100,000 visas, including 8,000 student visas, in a major security sweep. Nigerian nationals are significantly affected. Read the full details.

Fidelity Bank Meets CBN's N500bn Capital Requirement

Fidelity Bank Plc has successfully raised its capital base to N564.5bn, crossing the CBN's N500bn threshold for international banks. Discover how the recapitalisation race is reshaping Nigeria's banking sector with the March 2026 deadline looming.

UBA Exceeds CBN Capital Requirement with N157.84bn Rights Issue

United Bank for Africa (UBA) has successfully raised N157.84 billion through a rights issue, exceeding the Central Bank of Nigeria's N500 billion minimum capital requirement. The offer was oversubscribed by 113%, demonstrating strong investor confidence.

UBA Beats CBN's N500bn Capital Target Early

United Bank for Africa (UBA) has officially exceeded the Central Bank's N500bn capital requirement for international banks. The feat, achieved via a N178.3bn rights issue, positions UBA for expansion ahead of the March 2026 deadline. Read the full details

Ecobank Nigeria Prepay $245M Eurobond Notes

Ecobank Nigeria has successfully prepaid over 80% of its $300 million Eurobond, repaying $245 million to bondholders before the February 2026 due date. Discover the details of this strategic liability management move.

RMB Nigeria Meets CBN Capital Requirement Ahead of Deadline

Rand Merchant Bank Nigeria has successfully met the CBN's new N50 billion minimum capital requirement for merchant banks, achieving the milestone in December 2025. This move strengthens regulatory compliance and market confidence.

Fidelity Bank Crosses N500bn Capital Threshold

Fidelity Bank Plc has successfully raised over N250bn in a single day, meeting the CBN's N500bn capital requirement. The move cements its position among Nigeria's top-tier lenders ahead of the March 2026 deadline.

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