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Fresh Hurdles For Banks As CBN Raises Capital Requirement To N500bn, N200bn

LEADERSHIP reports that even tier-1 banks like Zenith Bank UBA, Access Bank and others tier-1 banks with very high shareholders' fund will still need to raise ....

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Zenith, UBA, 4 Others Beat Benchmark As CBN Raises Capitalisation To N500bn

Days after urging Nigerian banks to expedite action on the recapitalisation of their capital base in order to strengthen the financial system, the Central ....

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Naira Official Rate Sinks to Near 1,000 Per Dollars as Foreign Investors Shun Tinubunomics

Naira Official Rate Sinks to Near 1,000 Per Dollars as Foreign Investors Shun Tinubunomics
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Naira Official Rate Sinks to Near 1,000 on Scramble for Dollars

Naira Official Rate Sinks to Near 1,000 on Scramble for Dollars
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African central banks to keep interest rates tighter for longer

After acting aggressively for more than a year, officials in Nigeria and South Africa may increase borrowing costs, while those in Kenya and Mozambique are likely to stand pat. ....

South Africa , South African , Churchill Ogutu , Godwin Emefiele , Gerrit Van Rooyen , Lesetja Kganyago , Christian Wietoska , Sunmisola Ikoli Oluwo , Kristalina Georgieva , Gloria Fadipe , Folashodun Shonubi , Damilola Onafuwa Bloomberg , Hassan Abdalla , Kamau Thugge , Deutsche Bank , Federal Reserve , International Monetary Fund , Economists At Absa Bank , Enic Group , African Reserve Bank , Stockbrokers Ltd , Barclays Bank Plc Economist Michael Kafe , South African Reserve Bank , Governor Lesetja Kganyago , Barclays Bank Plc , Economist Michael Kafe ,