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Nigerian banking sector

Expert Cautions Nigerians on Antibiotic Abuse Risks

A Lagos based medical specialist warns that antibiotic abuse and self medication are accelerating antimicrobial resistance and threatening effective treatment of common infections.

Natasha Backs Joshua, Presses Nigeria on Highway Safety

Natasha Akpoti Uduaghan expressed sympathy with Anthony Joshua after a fatal crash, renewing calls for urgent highway reforms and stronger emergency response systems.

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

Expert Cautions Nigerians on Antibiotic Abuse Risks

A Lagos based medical specialist warns that antibiotic abuse and self medication are accelerating antimicrobial resistance and threatening effective treatment of common infections.

Natasha Backs Joshua, Presses Nigeria on Highway Safety

Natasha Akpoti Uduaghan expressed sympathy with Anthony Joshua after a fatal crash, renewing calls for urgent highway reforms and stronger emergency response systems.

Nigeria Posts Strongest Economic Expansion at 57.6 Index

Nigeria recorded its strongest economic expansion at 57.6 index points, as activity, demand, and confidence strengthened across the private sector.

Cosgrove Founder Gifts Staff ₦4 Billion Properties in Reward

Cosgrove Investment Limited founder Umar Abdullahi approved ₦4bn worth of company properties as gifts to staff, a rare employee reward that drew attention across Nigeria’s business community.