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Nigerian banking sector

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JAMB releases 2026 UTME results, warns on fraud

JAMB has released 2026 UTME results for 632,788 candidates who sat Thursday's exam, warning against score manipulation as arrests are already underway.
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Jilli airstrike resident says he lost six brothers as over 100 bodies recovered and buried

A Jilli community resident says he lost six brothers in the military airstrike and that over 100 bodies recovered from the market have already been buried.
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.
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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.
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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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JAMB releases 2026 UTME results, warns on fraud

JAMB has released 2026 UTME results for 632,788 candidates who sat Thursday's exam, warning against score manipulation as arrests are already underway.
News

Jilli airstrike resident says he lost six brothers as over 100 bodies recovered and buried

A Jilli community resident says he lost six brothers in the military airstrike and that over 100 bodies recovered from the market have already been buried.
News

Nigerians furious as government reintegrates 744 repentant terrorists: ‘Help victims before helping killers’

Nigeria's reintegration of 744 former Boko Haram fighters has triggered a furious backlash from victims, retired officers and lawyers who say justice has been abandoned.
News

Gunmen Kidnap 14 UTME Candidates in Benue Bus Ambush

KEY POINTS Gunmen Ambush Bus Carrying UTME Candidates Driver Arrested for Violating Travel Policy ...