Category : Search result: First Bank recapitalisation


CBN sells $36.60m to banks amid naira depreciation

Central Bank of Nigeria intervenes in forex market with $36.60 million sale to authorized dealers including Access, UBA, Zenith banks to stabilize naira. Experts analyze impact on currency stability.

Legal Battle: Lawyer Represents Both FBN and NUPRC

Senior lawyer Babajide Koku's dual representation in Nestoil-FBN legal battle raises conflict of interest concerns, threatening Nigeria's oil sector integrity. Stakeholders warn of serious consequences.

16 Banks Meet CBN Recapitalisation Target

CBN reveals 16 banks have successfully met recapitalisation requirements as Governor Cardoso updates on monetary policy, forex gains, and economic progress.

Zamfara Settles N67m Debt for 436 Freed Inmates

Zamfara First Lady Hajiya Huriyya Lawal has secured the freedom of 436 inmates by settling their N67.2m debt. The intervention occurred during a mass wedding ceremony for 200 orphans in Gusau.

UNILORIN Graduate Regrets Giving Up on First Class

A UNILORIN linguistics graduate's viral TikTok video expresses regret after watching top students celebrated at convocation. Her emotional story sparks nationwide discussion about academic pressure.

Reps Speaker Urges Nigerians to Buy Local Goods

House of Representatives Speaker calls for a shift to domestic production, highlighting the Nigeria First Policy and potential for 5 million new jobs by 2030 to revive the economy.

Zenith Bank to Acquire Paramount Bank in Kenya

Zenith Bank Plc is set to enter the Kenyan market by acquiring Paramount Bank, marking a strategic step in its pan-African expansion. The deal awaits regulatory approval from Nigerian and Kenyan authorities.

Page 3 of 4