Wema Bank Plc has announced plans to raise N200 billion in fresh capital through a rights issue and special placement from April 1.

Abbey Mortgage Bank Plc is seeking shareholders’ approval to proceed with its plan to convert from a mortgage bank to a regional commercial bank. Shareholders of the bank are scheduled to meet later ...

Stanbic IBTC Holdings Plc has launched N148.7 billion rights issue on NGX Invest, the electronic offering platform of the ...

Capital International Bank has received a credit quality rating from S&P Global of ‘AAAf’ and a volatility rating of ‘S1+’ to ...

Wema Bank has announced that it will be completing its capital raise through a combination of a Rights issue and ...

President Trump’s second term brings a surge of executive orders the returning commander in chief signed into law, leaving ...

Saba Capital has had its first battle over whether it can despose the board of a UK investment trust against Herald ...

The Deals Database revealed that BMO Capital Markets achieved the leading position in terms of value by advising on $8.70 billion worth of deals ...

Additional Tier 1 (AT-1) are perpetual bonds issued by banks to increase their capital base and they are riskier than ...

Prospect Capital Corporation’s profitability metrics reveal financial health. The company currently boasts a gross margin of -20.04%. The profit margin, also known as the revenue ratio or gross profit ...

Even though they are often viewed as elite investment vehicles, hedge funds have struggled to match the steady returns of well-managed 401(k) plans.

In this podcast, Motley Fool contributor Matt Frankel and host Mary Long break down big bank earnings. They also discuss: Why comparisons to 2023 give banks more credit than they may deserve. The ...