douchesnozzle:
So access bank with all the acquisition is still below 700bn yet they will be bragging that they are the biggest bank in Nigeria. Capitalization and not assets or customer base is the best metrics to judge how strong a bank is. Investors who have good knowledge of the industry know which bank stocks to buy which is directly reflected in Thier stock market capitalization. Zenith GTB and Stanbic IBTC are the strongest banks in Nigeria. This recapitalization is very good and will help reposition our financial institutions.

Validated:
Beware of the Nigerian stock market. The frenzy will soon start as it was about 20 years ago. People who invested in IPOs, banks and insurance stock became scammed. By 2008, those stocks were useless. Up till now many banks have not returned to their earlier bloated stock prices.

We are back on the same circle. Just beware. Soon stock market will start rising and making unsubstantiated gains to attract investors. It is a financial scam.

emerged01:

Exactly what I told somebody. Many people were scammed. I didn't buy but when redeemed church were selling shares to establish dove tv I fell for it thinking church would be different. Till today I didnt hear anything about the share and Dove tv is working

ppogba:


It is too early to exhibit much ignorance with audacious gusto.

Who told you market capitalisation and not asset.is.the best metric to judge the strength of banks in Nigeria?

Who told you STANBIC is part of the three strongest banks in Nigeria?

Please go and find out what capitalisation is before you comment further.
Please go and.find out what FUGAZ is before you comment further.

I was expecting people with limited knowledge like you to jump in quickly as usual.

Anonimoux:
I would rather play bet9ja than to invest in a Nigerian Stock Exchange Market.

VolleyTrekker:
These things you are doing, they re not helping the common man arrest immediate hunger challenge. The other we saw a lecturer with doctorate degree who has a nice car fighting for petrol with haggard okada men in petrol station, simply because he could no longer fuel his car so he started using his old bike to commute. Now even the old small bike, he can't fuel it in peace.

Reduce fuel price and ease stress and pain on the masses and stop all these bogus things you are saying on the news that nobody can relate with

Rubyjade:
I nvest in your future and don't invest now, gambling is not an investment or better yet US stocks market.

Anonimoux:
exactly US Stock markets. Not naija own with this terrible mismanaged economy.

Joystarn00:
No be you them dey talk to and na rich man pikin

ppogba:


It is too early to exhibit much ignorance with audacious gusto.

Who told you market capitalisation and not asset.is.the best metric to judge the strength of banks in Nigeria?

Who told you STANBIC is part of the three strongest banks in Nigeria?

Please go and find out what capitalisation is before you comment further.
Please go and.find out what FUGAZ is before you comment further.

I was expecting people with limited knowledge like you to jump in quickly as usual.

Rubyjade:

Rule 1 Always do your research
Rule 2 Don't forget rule 1

Rubyjade:

Rule 1 Always do your research
Rule 2 Don't forget rule 1

Donaldoni:
Nice one!

Bank owners will now have to sell their dollars to recapitalise.

Naira gains!!

douchesnozzle:

See this dumbo calling FUGAZ without knowing what it really means. Let me school u cos I know ur kind who tend to disguise Thier cluelessness by mentioning something they don't understand. FUGAZ is just an acronym for banks to big to fail. Too big too fail in the sense that they account for 60% of deposit as well as profit in the industry. If any of them were to fail CBN must step in cos of Thier spiral effect on the economy. Thats where it ends. The strength of a financial institution is in its capital adequacy ratio. It shows how much capital a bank has in respect to it's risk. This is the stress test use to determine how solvent a bank is. Why do u think cbn is pushing for recapitalization? Why is cbn not telling banks to grow deposit or increase customer base. Those are not metrics for judging strength of a bank. Capital base is which shows investor believe in a bank is what determines the strength of a bank. Google the top banks that attracted foreign investment YTD and tell me how many FUGAZ bank is on the list.

adenigga:

•We must address banks capital adequacy to grow economy – Tinubu’s adviser

•Investors inject N110bn in UBA, FBNH, Zenith, Access, other stocks in two days


Source: https://punchng.com/Bank-recapitalisation-Presidency-backs-CBN-investors-rush-for-mega-banks-stocks

Dshocker:
Which investors?

I pity who invest in a nation as corrupt as Nigeria.

ppogba:


I know your type.
You took time to exhibit all the banking terms you picked on the floor without defining what capitalisation is. What a shame.
You took time to try and explain what FUGAZ is but could you explain why your dear STANBIC that is amongst the top three banks in Nigeria isn't amongst them despite the qualities of FUGAZ.

I did not know FUGAZ. Wonderful!
You want to school me? That is typical on Nairaland.
The strength of a financial institution is in its capital adequacy. Clap for your self.
What them is the relationship between the capital adequacy and capitalisation?

Abeg, look for people in the beer parlour you can bamboozle with terminologies.

I am waiting to be schooled anyway.

ppogba:


I know your type.
You took time to exhibit all the banking terms you picked on the floor without defining what capitalisation is. What a shame.
You took time to try and explain what FUGAZ is but could you explain why your dear STANBIC that is amongst the top three banks in Nigeria isn't amongst them despite the qualities of FUGAZ.

I did not know FUGAZ. Wonderful!
You want to school me? That is typical on Nairaland.
The strength of a financial institution is in its capital adequacy. Clap for your self.
What them is the relationship between the capital adequacy and capitalisation?

Abeg, look for people in the beer parlour you can bamboozle with terminologies.

I am waiting to be schooled anyway.

PrincessDiana:
Oga, you are the ignorant one here. Stanbic IBTC is an international bank. They do not need recapitalisation, they are backed by their SA parent money.

So they cannot be on the list of your so called "FUGAZ" in Nigeria.

douchesnozzle:

Run along bro. Ur empty brain is just giving out distracting echoes on this thread. Schooling ppl like u is a waste of time

douchesnozzle:
So access bank with all the acquisition is still below 700bn yet they will be bragging that they are the biggest bank in Nigeria. Capitalization and not assets or customer base is the best metrics to judge how strong a bank is. Investors who have good knowledge of the industry know which bank stocks to buy which is directly reflected in Thier stock market capitalization. Zenith GTB and Stanbic IBTC are the strongest banks in Nigeria. This recapitalization is very good and will help reposition our financial institutions.

sulaak:


Learn R and Python if you are interested in DS


http://inseaddataanalytics.github.io/INSEADAnalytics/

adenigga:

•We must address banks capital adequacy to grow economy – Tinubu’s adviser

•Investors inject N110bn in UBA, FBNH, Zenith, Access, other stocks in two days


Source: https://punchng.com/Bank-recapitalisation-Presidency-backs-CBN-investors-rush-for-mega-banks-stocks