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Nigerian banking sector

Rivers Political Feud Escalates as Wike-Aligned PDP Faction Issues Apology Ultimatum to APC Secretary

KEY POINTS A PDP faction loyal to Nyesom Wike has given APC National Secretary...

Atiku Warns Democracy Is Slipping As Opposition Space Shrinks Under Tinubu

Atiku Abubakar says Nigeria’s democracy is under pressure as opposition parties face growing political interference under the Tinubu administration.

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

Rivers Political Feud Escalates as Wike-Aligned PDP Faction Issues Apology Ultimatum to APC Secretary

KEY POINTS A PDP faction loyal to Nyesom Wike has given APC National Secretary...

Atiku Warns Democracy Is Slipping As Opposition Space Shrinks Under Tinubu

Atiku Abubakar says Nigeria’s democracy is under pressure as opposition parties face growing political interference under the Tinubu administration.

Atiku: No ADC Aspirant will Step Aside in 2027 Race

KEY POINTS Atiku says every ADC presidential aspirant will contest without pressure to withdraw. ...

Power Without Presence: How Remote Control Is Reshaping Nigerian Politics

KEY POINTS Political influence in Nigeria is increasingly exercised from outside the country through...