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Nigerian banking sector

Terrorists Raid Catholic School in Niger, Abduct Students and Staff

Unidentified gunmen abduct students and staff from St. Mary’s Catholic School in Niger State. Authorities are assessing the full scope of the attack.

Bandits Demand N100 Million Each for 35 Abducted Kwara Worshippers

Bandits who raided Christ Apostolic Church in Eruku have demanded N100 million for each abducted worshipper. Families, community leaders and security agencies are now racing to locate the victims as frustration grows over local security lapses.

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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Terrorists Raid Catholic School in Niger, Abduct Students and Staff

Unidentified gunmen abduct students and staff from St. Mary’s Catholic School in Niger State. Authorities are assessing the full scope of the attack.

Bandits Demand N100 Million Each for 35 Abducted Kwara Worshippers

Bandits who raided Christ Apostolic Church in Eruku have demanded N100 million for each abducted worshipper. Families, community leaders and security agencies are now racing to locate the victims as frustration grows over local security lapses.

U.S. Lawmakers Call for Action Against Christian Killings in Nigeria

U.S. lawmakers held a congressional hearing on violence against Christians in Nigeria and met with Nigerian security officials to discuss counterterrorism and religious protection.

Court Sends Nnamdi Kanu to Life in Prison on Terrorism Charges

Federal High Court gives Nnamdi Kanu life term over terrorism charges as South East leaders reject ruling and plan appeal.