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Nigerian banking sector

7 Ways to Prepare Adequately for the New Year

Learn how to prepare for the new year with practical tips for goals, finances, routines, and emotional wellbeing.

37 Worshippers Abducted in Kogi Church Attacks as Bandits Demand N600m

Bandits abducted 37 worshippers from two churches in Kogi, killing a pastor and demanding N600m ransom as residents flee.

Banks Shift Idle Cash to CBN’s SDF Window

Banks increasingly place funds at the CBN’s SDF window as tightening conditions curb lending appetite and push treasury teams toward safer overnight placements.

Access Holdings Profit Falls 23 Percent Despite Rise in Earnings

Access Holdings reports higher revenue but a 23 percent profit fall in H1 2025, hit by weaker forex gains and rising impairment charges.

Otedola Raises Stake in First HoldCo by ₦2.01 Billion

Femi Otedola increases stake in First HoldCo by N2.01 billion, strengthening his hold in Nigeria’s oldest financial institution.

Stock Deals Surge 44% Amid Banks’ Recapitalization Efforts

Nigerian stock deals jumped 44% due to bank recapitalization efforts, signaling increased investor confidence and optimism in the financial sector’s stability.

CBN Bailout Facilitates Unity-Providus Bank Merger

The CBN's bailout has facilitated a merger between Unity Bank and Providus Bank, creating a stronger entity poised to enhance Nigeria's banking sector.

Nigerian Banks Embrace CBN Recapitalization with Confidence

The ACAMB has confidently backed the CBN's bank recapitalization plan, ensuring stakeholders that Nigerian banks are secure and poised for robust economic support.

13 Banks to Raise N3.31 Trillion, CBN Sets New Capital Rules

In response to CBN's updated capital requirements, Nigerian banks are tasked with raising N3.31 trillion, aiming to bolster financial resilience and support economic growth.

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7 Ways to Prepare Adequately for the New Year

Learn how to prepare for the new year with practical tips for goals, finances, routines, and emotional wellbeing.

37 Worshippers Abducted in Kogi Church Attacks as Bandits Demand N600m

Bandits abducted 37 worshippers from two churches in Kogi, killing a pastor and demanding N600m ransom as residents flee.

₦58.18 Trillion Budget: Nigerians Want Impact, Not Figures — Natasha

Lawmakers say Nigeria’s 2026 budget will be judged by impact on daily life, not its ₦58.18 trillion size

Makinde Approves Conversion of 654 Civil Servants in Oyo State

Oyo State approved the conversion of 654 civil servants after qualification upgrades, signaling an end-of-year workforce incentive under Governor Seyi Makinde.