Search
HomeTagsNigerian banking sector

Nigerian banking sector

News

Nigerian Food Vendors Are Secretly Dyeing Unripe Tomatoes Red to Cut Costs

Nigeria's cost of living crisis has pushed local food vendors to dye unripe tomatoes red and serve them to unsuspecting customers.
News

Terror, Lithium and Bribes: The Illegal Mining Empire Thriving Inside Nigeria’s Deadliest Zone

While terrorists massacred over 100 people in Kaiama, illegal miners were hauling lithium ore out in trucks, protected by bribed security officials.
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

News

Nigerian Food Vendors Are Secretly Dyeing Unripe Tomatoes Red to Cut Costs

Nigeria's cost of living crisis has pushed local food vendors to dye unripe tomatoes red and serve them to unsuspecting customers.
News

Terror, Lithium and Bribes: The Illegal Mining Empire Thriving Inside Nigeria’s Deadliest Zone

While terrorists massacred over 100 people in Kaiama, illegal miners were hauling lithium ore out in trucks, protected by bribed security officials.
News

Ex-Senate Minority Leader Says Northern Nigeria Is Tearing the Country Apart

At 85, former Senate Minority Leader Prof. Daniel Saror says northern insecurity, religious extremism and weak leadership are tearing Nigeria apart.
News

Nigeria Blew €2.3 Billion on Electricity. The Lights Are Still Out

Five years, €2.3 billion, and a bold promise of 25,000 megawatts. Nigeria's flagship electricity project has collapsed without coming close.

The Nigerian Inquirer asks the questions that matter to the people, probing into stories that others might overlook.

© 2025 The Nigerian Inquirer. All Rights Reserved.