Nigeria's UBA starts second tranche of $261m capital raise - Finance in Africa
The capital raise is aimed at ensuring compliance with CBN's minimum capital requirements for banks and aligns with its long-term strategic objectives.| Finance in Africa
The capital raise is aimed at ensuring compliance with CBN's minimum capital requirements for banks and aligns with its long-term strategic objectives.| Finance in Africa
Zenith Bank, one of Nigeria’s largest lenders, is set to expand into Francophone Africa this year with a greenfield unit in Côte d’Ivoire.| Finance in Africa
According to the group's earnings report on Thursday, profit after tax fell by 7.9% to ₦532.2bn ($372.4m) in the six months to June, from ₦577.9bn ($384.4 m) in the same period of 2024. The last time Zenith posted a profit drop was in 2016.| Finance in Africa
