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Nigerian banking

Court Postpones ADC Leadership Suit Indefinitely as Bala Seeks New Judge

KEY POINTS A Federal High Court in Abuja adjourned indefinitely the ADC leadership suit...

Rano Air Suspends Some Flight Routes as Rising Fuel Prices Hit Operations

KEY POINTS Rano Air suspended some flight routes due to a 300% increase in...

GTCO’s Agbaje built a bank he barely owns

Guaranty Trust Holding Company posted profit before tax of N1.23 trillion and declared its most generous dividend since listing for 2025, giving CEO Segun Agbaje a N410 million gross payout.

Supreme Court Backs Fidelity Bank in Sagecom Case

The Supreme Court ruled in favor of Fidelity Bank, resolving a two-decade dispute with Sagecom and reducing the judgment debt significantly.

First HoldCo Reports $1.7 Billion in Gross Earnings Under Otedola’s Leadership

First HoldCo, led by Femi Otedola, reports $1.7 billion in nine-month earnings as reforms strengthen assets and equity.

NDIC Moves to Deepen CIBN Partnership on Banking Risks

NDIC and CIBN deepen partnership to build banking sector resilience through training, ethics, and innovation against emerging risks.

Sterling Bank Scraps Account Maintenance Fees Across Nigeria

Sterling Bank abolishes account maintenance fees, strengthening its push for transparency and financial freedom in Nigeria’s banking industry.

Tony Elumelu Boosts UBA Stake Above 16 Percent

Tony Elumelu has raised his UBA stake above 16 percent as the bank pushes new rights issues and reports stronger earnings.

Access Bank Raises $228 Million to Boost Capital and Expand

Access Bank raises $228 million to boost capital and fund expansion into Morocco, Egypt, and the United States, targeting global growth by 2027

CBN to Reveal Owners of Dormant Accounts Annually

The CBN will publish the names of dormant account owners annually to enhance transparency and manage unclaimed balances effectively.

N44bn Fraud Scandal Rocks First Bank, Police Assistance Sought

A massive N44 billion fraud scandal has rocked First Bank of Nigeria, prompting police involvement and raising significant concerns over internal controls.

Latest articles

Court Postpones ADC Leadership Suit Indefinitely as Bala Seeks New Judge

KEY POINTS A Federal High Court in Abuja adjourned indefinitely the ADC leadership suit...

Rano Air Suspends Some Flight Routes as Rising Fuel Prices Hit Operations

KEY POINTS Rano Air suspended some flight routes due to a 300% increase in...

NCAA unveils online portal to streamline Nigeria’s drone permits

The Nigeria Civil Aviation Authority will launch its drone portal at DroneTecX 2026 in Lagos to digitize registration, certification and compliance for operators.

Passenger Bus Crashes Under Bridge on Lokoja-Okene Highway

KEY POINTS A passenger bus travelling from Jos to Lagos crashed under a bridge...