Category : Search result: Nigerian banks recapitalisation


Banks Notify Customers on 10% Withholding Tax

Nigerian banks are informing customers about FIRS enforcing 10% withholding tax on fixed-income securities interest. Learn how this affects your investments and which instruments remain exempt.

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.

Nigerian Driver Found Dead in Texas Truck

Bode Moses Ologan, 48-year-old Nigerian truck driver, was found dead in Texas on November 7, 2025. Family seeks $30,000 for funeral expenses through GoFundMe campaign.

Investor Rush as Insurance Reforms Reshape Market

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.

Nigerian banks post N14.7tn interest income

Nine major Nigerian banks reported a combined N14.72 trillion in interest income for the first nine months of 2025, a 27.68% increase driven by high interest rates. Discover which banks led the growth.

Nigerian Navy: History, Commands & Key Facts

Explore the Nigerian Navy's evolution from colonial origins to Africa's largest maritime force. Discover its 7 key historical milestones and operational commands safeguarding Nigeria's waters.

7 Nigerian Songs TikTok Brought Back to Life

Discover how TikTok is reviving classic Nigerian hits, from Wande Coal to P-Square. These viral comebacks prove good music never dies. Click to see the full list!

7 Nigerian Songs TikTok Revived

Discover how TikTok is reviving classic Nigerian songs, from Afrobeats to Highlife, giving them a massive second wind and introducing them to Gen Z.

CANUK 2025 Annual Dinner Gala Night in London

The Cultural Association of Nigerians in the UK (CANUK) unveils plans for its prestigious 2025 Annual Dinner Gala, promising an unforgettable evening of networking, entertainment, and cultural celebration in London.

Nigerian Bank Launches Advanced Device Security System

A leading Nigerian digital bank has unveiled a groundbreaking device verification system that promises to revolutionize customer security and protect against unauthorized account access in the growing fintech landscape.

Valid Concert 2025: Legends and Legacy Unite

Get ready for the most anticipated musical event of 2025! Nigeria's biggest music icons are coming together for Valid Concert's 'Legends and Legacy' - a celebration of authentic Nigerian sound that promises to redefine entertainment history.

First Bank Holdings Posts N450.9B Profit

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.

Naira Crashes, Stocks Drop After Trump Victory

Donald Trump's presidential win triggers financial turmoil in Nigeria as Naira crashes to record lows and stock market experiences significant drops. Expert analysis reveals what this means for Nigeria's economy.

Nigerian Kids' Comic Books Revolution

Discover how Nigerian comic book creators are revolutionizing children's entertainment with culturally relevant stories that inspire young minds across Africa and beyond.

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