Tag: Nigerian Banks

Nigerian gambling magnate Kessington Adebutu’s Wema Bank stake tops $250 million

Kessington Adebutu’s Wema Bank stake tops $250 million after a sharp rise in the lender’s share price.

Timilehin Adejumobi Timilehin Adejumobi

First HoldCo starts $1 billion share offer after CBN approval

First HoldCo begins its $1 billion share offer after CBN approval as it seeks fresh capital for banking and financial services growth.

Timilehin Adejumobi Timilehin Adejumobi

Wema Bank partners Duplo to expand into business financial software 

Wema Bank Duplo partnership adds financial software tools to ALAT Business as banks compete for SME and corporate.

Timilehin Adejumobi Timilehin Adejumobi

Recapitalization explained—where Access, FCMB and others fit

Nigeria’s biggest banks are racing to lock in their future as new recapitalisation rules redraw the country’s financial map, separating lenders with regional ambitions from those positioning for global reach.

Editorial Team Editorial Team