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Banking
CBN, CIBN Push for Stronger Female Leadership in Banking as Lagos Hosts Maiden…
The conversation around female banking leadership in Africa took center stage in Lagos as the African Women in…
CBN rules give foreign banks, fintechs advantage over Nigerian lenders – Chapel…
Nigeria’s banking sector is facing renewed scrutiny after a new report by investment banking and research firm…
63% of Nigerians Demand Lower Interest Rates Ahead of CBN MPC Meeting
As the Central Bank of Nigeria prepares for its crucial Monetary Policy Committee meeting on May 19 and 20, a…
Tier-1 Nigerian Banks Surge to N114 Trillion Deposits as Lending Slows Amid Tight…
Nigeria’s biggest banks ended 2025 with a powerful surge in customer deposits, even as lending activity slowed…
FX Inflows Hit $112.27bn as Autonomous Dollar Sources Dominate Nigeria’s FX Market…
Nigeria’s foreign exchange market underwent a major structural shift in 2025, as total FX inflows climbed to…
Tier-One Nigerian Banks’ Assets Hit N161.4 Trillion Amid Strong Earnings Growth…
Nigeria’s five biggest lenders—commonly known as FUGAZ—ended 2025 on a stronger footing, with combined total assets…
CBN Dormant Accounts Directive: Four Banks Publish Over 321,000 Inactive Accounts
Four Nigerian banks have published details of more than 321,000 dormant accounts in compliance with a directive…
CBN Raises Governance Alarm Over Non-Interest Banks Amid Rising Islamic Finance…
The Central Bank of Nigeria (CBN) has issued a fresh warning to non-interest financial institutions over growing…
Top Nigerian Banks Cut Lending by Nearly 25% as Economic Risks Rise
Nigeria’s banking sector is tightening its grip on lending as economic uncertainty, high interest rates, and…
Tier-One Banks Post N14.9 Trillion Earnings in 2025 as Interest Rate Pressures…
Nigeria’s four major tier-one banks—Access Holdings, Zenith Bank, Guaranty Trust Holding Company (GTCO), and United…
Nigerian Banks Earn N18.2tn in 2025 Despite Profit Decline Amid Loan Losses and…
Nigeria’s biggest banks posted a mixed financial performance in 2025, as strong revenue growth and expanding…
AfDB 2026 Annual Meetings to Prioritize Resource Mobilisation for Africa’s…
The African Development Bank (AfDB) has announced that its 2026 Annual Meetings will focus heavily on how…
Tier-1 Banks Drive N286tn Mobile Transactions as Fintech Advantage Narrows in…
Nigeria’s leading commercial banks have recorded a massive surge in digital activity, processing a combined…
Cardoso Urges Bank Directors to Strengthen Risk Management and Corporate…
Governor of the Central Bank of Nigeria (CBN), Dr Olayemi Cardoso, has called on bank directors and…
CBN Restricts BDC Access to Forex Market Over Compliance Risks
Nigeria’s apex bank, the Central Bank of Nigeria (CBN), has continued to limit the access of Bureau De Change (BDC)…
CBN Raises ATM Card Issuance Fee to N1,500, Scraps Monthly Maintenance Charge in…
The Central Bank of Nigeria (CBN) has announced a revision to banking charges, increasing the cost of issuing and…
CBN Warns Nigerians Over Rising Cybersecurity Scam Messages Impersonating Bank
The Central Bank of Nigeria (CBN) has raised an alarm over a growing wave of fraudulent messages, emails, and…
FG Borrows N100bn from Unclaimed Funds Trust Account as Domestic Debt Hits…
Nigeria’s Federal Government has raised N100 billion from the Unclaimed Funds Trust Account, a pool of…
CBN Mops Up N4.48 Trillion in Aggressive Liquidity Tightening to Stabilise…
The Central Bank of Nigeria (CBN) has stepped up its liquidity management drive, mopping up a total of N4.48…
CBN Proposes Mandatory Mediation Panel for Loan Disputes Before Court Action in…
The Central Bank of Nigeria (CBN) has introduced a new proposal that could significantly change how lending…
Cash Outside Banks Falls to N5.20 Trillion in February 2026 as Nigeria’s Liquidity…
Nigeria’s cash held outside the banking system declined slightly in February 2026, falling by 0.058% to N5.20…
CBN Warns Banks Against Excessive Risk-Taking After Recapitalisation Drive
The Central Bank of Nigeria (CBN) has cautioned commercial banks against engaging in excessive risk-taking…
Treasury Bills Boost Interest Income for Nigerian Banks by 43% in 2025
Zenith Bank, GTCO, and FirstHoldCo collectively earned N2.85 trillion from Treasury bills in 2025, reflecting a…
African Development Bank Launches $20 Million Green Hydrogen Funding to Boost…
The African Development Bank (AfDB) has announced a $20 million funding initiative aimed at accelerating green…
ADB Posts GH¢367 Million Profit After Tax as Capital Adequacy Ratio Soars to…
Agricultural Development Bank (ADB) PLC has delivered a remarkable financial turnaround, posting a profit after tax…
CBN Bank Recapitalization Set to Boost SMEs and Strengthen Nigeria’s Financial…
The Central Bank of Nigeria (CBN) has confirmed that 33 banks successfully met the revised minimum capital…
Bank Plans GSE Listing as BoG Considers Recapitalisation Deadline Extension
The Bank of Ghana (BoG) has revealed that one of the two banks yet to meet the minimum capital requirement is…
Nigeria’s Banks Face Credit Challenge as Recapitalisation Ends
Nigeria’s banking sector has grown significantly following the Central Bank of Nigeria’s (CBN) sweeping…
Nigeria’s Banking Sector Attracts $13.53 Billion in Foreign Inflows in 2025 Amid…
Foreign capital inflows into Nigeria’s banking sector hit $13.53 billion in 2025, marking a remarkable 93.25%…
Rewiring Nigeria’s Financial System: How the CBN is Stabilizing Banks and…
Nigeria’s financial system entered 2023 under intense pressure, with a weakening naira, rising inflation, and…