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Nigerian banking sector

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3MTT Seals $10M Hello.cv Deal to Make Nigerian Tech Fellows Globally Visible

Nigeria's 3MTT programme has teamed with Hello.cv in a $10 million deal to give 20,000 tech fellows global employer visibility.
News

Senate Confirms Tegbe, Enikanolaiye as Ministers

KEY POINTS The Senate confirmed Joseph Tegbe as Minister of Power and Sola Enikanolaiye...
Business

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.
News

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.
Business

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.
Business

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.
News

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.
News

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.
News

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.
Business

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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News

3MTT Seals $10M Hello.cv Deal to Make Nigerian Tech Fellows Globally Visible

Nigeria's 3MTT programme has teamed with Hello.cv in a $10 million deal to give 20,000 tech fellows global employer visibility.
News

Senate Confirms Tegbe, Enikanolaiye as Ministers

KEY POINTS The Senate confirmed Joseph Tegbe as Minister of Power and Sola Enikanolaiye...
Politics

Aisha Yesufu Dumps ADC, Joins NDC, Declares FCT Senate Ambition

KEY POINTS Aisha Yesufu has resigned from the ADC and joined the NDC alongside...
News

Senate Row Erupts as Akpabio, Oshiomhole Clash Over New Rules

KEY POINTS Godswill Akpabio and Adams Oshiomhole clashed during Senate plenary over the interpretation...