Saturday, 18th May 2024
To guardian.ng
Search

Nigerian banks race to meet recapitalisation move

By Reuters
16 April 2024   |   3:38 am
Some top Nigerian banks are eyeing the international and local capital markets to raise fresh capital in a bid to meet the recapitalisation exercise by the Central Bank of Nigeria. Egie Akpata, Chairman of Skymark Partners joins CNBC Africa to examine options available to banks.

0 Comments

Your email address will not be published. Required fields are marked *

Related

2 days ago
France has declared a state of emergency in its overseas territory of New Caledonia. Violence over a planned constitutional reform is threatening its already struggling economy. Plus, Boeing may face the criminal prosecution it had avoided back in 2021, with the US Justice Department accusing the planemaker of violating the terms of the deferred prosecution deal.
15 hours ago
Sprint legend Usain Bolt helped unveil a new cricket venue at Eisenhower Park on Wednesday (May 15) ahead of the T20 World Cup, which kicks off next month.
15 hours ago
The naira recorded its first appreciation against the dollar at the official foreign exchange market after weeks of depreciation. Analysts say the decline is due to decline in dollar liquidity in the official market. Dipo Ajayi, the Head, Fixed Income and FX at Chapel Hill Denham Securities, joins CNBC Africa for this discussion.
1 day ago
In today's fast-paced world, stress has become a constant companion for many of us. But did you know that this stress can take a toll on our health, especially our blood pressure? Hypertension, or high blood pressure, occurs when the force of blood against the walls of your arteries is consistently too high. This puts strain on your heart and blood vessels, increasing your risk of serious health problems. Here is how to manage it.
5 hours ago
Today the World Water Forum starts in Bali, where world leaders will discuss the sustainability of water resources for a week. To illustrate the issue of water management, we head to Panama. The Panama Canal, one of the world’s major maritime trade routes, has suffered a decline in its water levels ever since drought affected the country last year.
3 hours ago
Russian President Vladimir Putin has wrapped up his two-day visit to China, where he and his counterpart Xi Jinping pledged a "new era of strategic partnership". The two leaders had tea together and celebrated 75 years of diplomatic relations at a gala, with the Chinese leader giving his guest a warm hug.