CBN concludes banking sector recapitalisation, raises N4.65tn

Barbara Bako, Abuja. The Central Bank of Nigeria (CBN) has announced the successful completion of its banking sector recapitalisation programme, with Nigerian banks raising a total of N4.65 trillion over…

Zenith bank surpasses CBN target with ₦350bn oversubscribed offer

Zenith Bank Plc has surpassed the Central Bank of Nigeria’s recapitalization benchmark, following the successful conclusion of its oversubscribed ₦350.46 billion public offer. The milestone, celebrated with a Closing Gong…