Zenith Bank
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Meet Nigerian banks licensed to operate abroad: How they met CBN N500bn target
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Fidelity Bank crosses N500bn capital mark, joins Access, Zenith, others in CBN recapitalisation race
Nigerian stock market hits N100 trillion market cap, 5 companies lead gainers' table
Nigerian stocks opened 2026 strongly as buying lifted the ASI 1.74%, pushed market capitalisation above N100 trillion, and added N1.87 trillion investor wealth.
CBN names 28 banks not allowed to open branches outside Nigeria
The CBN reported that several banks lack international authorisation, while only seven first-tier banks meet offshore licensing amid recapitalisation programme.
CBN Deadline: Meet 12 of Nigeria’s most capitalised banks, GTBank, Zenith, lead the chart
Nigeria's banks ramp up recapitalisation ahead of the March 2026 deadline, fostering investor confidence and reshaping the sector amidst regulatory pressure.
Cash withdrawal: CBN issues new directive to Access, UBA, Zenith, others in new year
The Central Bank of Nigeria mandates banks to enhance cash availability, enabling a stress-free festive season for Nigerians amid rising digital transactions.
Access, Zenith, UBA, others shut 229 bank branches as PoS operators take over
Nigeria's banks shutter 229 branches as digital banking thrives, with PoS transactions surging 33%. 1.8 million operators face shutdown as registration mandates loom
Banks begin 10% tax on dollar deposits as Nigeria’s new tax laws take effect
Nigerian banks introduce a 10% withholding tax on foreign currency deposit interest from January 1, 2026, amidst President Tinubu's tax reforms for a fairer system.
Access, First bank, GTB, Zenith, UBA alert customers of new electronic transfer charges
Major Nigerian banks have alerted customers that from January 1, 2026, transfers of N10,000+ attract N50 stamp duty payable by the sender and list exemptions.
Femi Otedola sells company's shares for over N1 trillion
Billionaire Femi Otedola has sold his controlling stake in Geregu Power, signalling a strategic shift from energy investments to Nigeria’s banking sector.
Banks rush to meet CBN's capitalisation ahead of deadline as 16 complete requirement
Nigeria’s banks are racing to meet the CBN’s March 31, 2026 recapitalisation deadline, with 16 compliant, mergers emerging, and ACAMB dismissing rumours as false.
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