A detailed review of the Central Bank of Nigeria's pivotal 2025 reforms, from fee waivers and the FX Code to massive licence revocations, that transformed the Bureau de Change landscape for greater stability and transparency.
FCMB Asset Management has received SEC approval for a N20 billion Series II private debt fund. The fund targets SDG-aligned sectors like agriculture and clean energy, with issuance opening in January 2026. Read more.
Access Holdings plans a N40bn private placement in foreign currency to meet CBN's recapitalisation rules and fund expansion. The move comes as the March deadline nears.
The Association of Corporate Communication & Marketing Professionals in Banks dismisses viral claims of 12 banks shutting down. ACAMB assures the public the recapitalisation is proceeding smoothly to strengthen the financial system.
With 100 days left, Nigeria's banking sector races to meet CBN's recapitalisation deadline. ACAMB dismisses closure rumours as 16 banks already meet requirements. Read the latest updates.
Tender Hearts Foundation partners with FCMB to launch a food bank initiative in Lagos, aiming to combat hunger among vulnerable women and families. Discover how this partnership empowers communities.
An in-depth review of Nigeria's banking recapitalisation exercise. Discover which 16 banks have met the CBN's new capital requirements and the impact on the financial sector. Read the full analysis now.
Nigerian banks are in a race against time to raise N4.14 trillion before the CBN's March 2026 recapitalisation deadline. Discover how this move aims to build a $1 trillion economy.
SUNU Assurance shareholders approve N9 billion capital raising to meet new NIIRA 2025 requirements. The move aims to strengthen the firm's financial capacity before the July 2026 deadline.
NAICOM states Nigeria's insurance recapitalisation is crucial for local firms to compete under AfCFTA. Only well-capitalised firms can handle cross-border risks. Read more.
First City Monument Bank (FCMB) wins the 2025 Best SME Focused Bank award from CIBN, holding a dominant 24% of industry SME lending. Discover how they fuel Nigeria's top economic sectors.
British International Investment and FCMB partner to provide a $50 million credit facility, with 70% targeting MSMEs in Northern Nigeria and 30% for women-owned businesses nationwide. Read more.
First City Monument Bank (FCMB), FMO, and HeaveVentures conclude the AgriTech Hackathon 2025, awarding Qiqi Farms as the grand winner. Discover how this initiative boosts Nigeria's agricultural innovation.
CBN Governor Yemi Cardoso confirms 16 banks have met new capital thresholds. With the March 2026 deadline approaching, the recapitalisation drive aims to strengthen lenders for Nigeria's $1 trillion economy goal.
CBN reveals 16 banks have successfully met recapitalisation requirements as Governor Cardoso updates on monetary policy, forex gains, and economic progress.
Nigeria's insurance industry is undergoing a major reset as the NIIRA recapitalisation drive sparks intense investor interest and M&A activity. Discover how this will boost market resilience.
First Bank of Nigeria Holdings Plc announces staggering N450.9 billion profit as it strategically positions itself for Central Bank of Nigeria's banking sector recapitalisation requirements.
Standard Chartered Bank Nigeria has successfully met the Central Bank of Nigeria's ₦200 billion recapitalisation requirement, positioning itself as a leader in the new banking landscape.
Nigeria's Rural Electrification Agency partners with First City Monument Bank to drive innovation and investment in renewable energy solutions, promising transformative impact across the nation.