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Nigerian banking sector

Ondo State High Court Judge Bamidele Fola Adeyeye Dies at 65

KEY POINTS Ondo State High Court judge Bamidele Fola Adeyeye has died at the...

Benue Declares State of Emergency as Lassa Fever Outbreak Worsens

KEY POINTS Benue State has declared a state of emergency due to a surge...

First HoldCo Completes Sale of FBNQuest Merchant Bank

First HoldCo completes its divestment of FBNQuest Merchant Bank as Otedola advances a group-wide restructuring strategy.

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.

Latest articles

Ondo State High Court Judge Bamidele Fola Adeyeye Dies at 65

KEY POINTS Ondo State High Court judge Bamidele Fola Adeyeye has died at the...

Benue Declares State of Emergency as Lassa Fever Outbreak Worsens

KEY POINTS Benue State has declared a state of emergency due to a surge...

Delta cleric, farmer attacked by herdsman, later detained by police after reporting incident

A Delta pastor and farmer say herdsmen attacked them on a farm, but police later detained them after reporting incident.

Tinubu Tells Media: Scrutinise States, Not Just Me

President Tinubu told media executives at Aso Rock Friday that the press should scrutinise states and local governments with the same intensity it applies to his administration.