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Nigerian banking sector

Politics

Atiku Meets Kwankwaso in Kano, Calls for Unity in ADC Ahead of 2027 Elections

KEY POINTS Atiku Abubakar visited Rabiu Kwankwaso in Kano, calling for unity within the...
News

Bandits Kill Two, Abduct 11 Residents in Sokoto Village Night Raid

KEY POINTS Suspected bandits attacked Malamawar Yari village in Sokoto, killing two residents and...
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.

Latest articles

Politics

Atiku Meets Kwankwaso in Kano, Calls for Unity in ADC Ahead of 2027 Elections

KEY POINTS Atiku Abubakar visited Rabiu Kwankwaso in Kano, calling for unity within the...
News

Bandits Kill Two, Abduct 11 Residents in Sokoto Village Night Raid

KEY POINTS Suspected bandits attacked Malamawar Yari village in Sokoto, killing two residents and...
News

Mutfwang Meets Tinubu Over Plateau Killings

KEY POINTS Governor Caleb Mutfwang met President Bola Tinubu in Abuja to discuss the...
News

David Mark-Led ADC Rejects INEC Decision on Leadership Dispute

KEY POINTS The David Mark-led ADC rejected INEC’s interpretation of an appeal court ruling,...

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