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Nigerian banking sector

Atiku Picks ADC Presidential Forms Ahead of 2027 Election

KEY POINTS Atiku Abubakar, Rotimi Amaechi, and Mohammed Hayatu-Deen have obtained ADC presidential nomination...

Shettima Reacts To Moniepoint CEO’s Claim On Lack Of Skilled Nigerians

KEY POINTS Vice President Kashim Shettima called for stronger partnerships between universities and industries...

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.

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

Atiku Picks ADC Presidential Forms Ahead of 2027 Election

KEY POINTS Atiku Abubakar, Rotimi Amaechi, and Mohammed Hayatu-Deen have obtained ADC presidential nomination...

Shettima Reacts To Moniepoint CEO’s Claim On Lack Of Skilled Nigerians

KEY POINTS Vice President Kashim Shettima called for stronger partnerships between universities and industries...

Speaker Abbas Declares Bid For Fifth Term in House of Representatives

KEY POINTS Speaker of the House of Representatives, Tajudeen Abbas, has declared his bid...

30-Year-Old Man Living With Dwarfism Passes APC Screening For Kaduna Reps Seat

KEY POINTS Mahmud Sadis Buba, a 30-year-old man living with dwarfism, has passed the...