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Nigerian banking sector

Nigeria Delays 2025 NAFEST Amid Security Concerns

Nigeria delays NAFEST 2025 after assessing a tense national mood shaped by rising insecurity, saying the festival will hold at a more suitable time.

Nigerian Woman, 63, Welcomes Natural Twin Boys

A 63-year-old Nigerian woman recounts her decades-long path to naturally delivering twin boys after years of setbacks and inconclusive medical scans

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

Nigeria Delays 2025 NAFEST Amid Security Concerns

Nigeria delays NAFEST 2025 after assessing a tense national mood shaped by rising insecurity, saying the festival will hold at a more suitable time.

Nigerian Woman, 63, Welcomes Natural Twin Boys

A 63-year-old Nigerian woman recounts her decades-long path to naturally delivering twin boys after years of setbacks and inconclusive medical scans

UN Condemns Abduction of Niger Pupils, Says Schools Must Be Safe

The UN condemns the abduction of more than 200 pupils and teachers in Niger State and urges authorities to protect schools and secure the victims’ safe return.

7 Simple Ways Nigerians Can Cope With Constant Bad News

Nigerians are dealing with nonstop reports of kidnappings, attacks and insecurity. These seven practical steps can help people manage the emotional weight and stay grounded.