NDIC payments to depositors begin as customers of 46 failed microfinance banks receive insured refunds of up to N2 million
Nigeria’s Credit Crisis deepens as businesses struggle with high lending rates, weak bank credit access and government borrowing despite falling inflation
Wema Bank Digital Bank Award recognition from Euromoney highlights its leadership in digital innovation, ALAT growth and customer-focused banking
First HoldCo approves N253bn capital raise to strengthen capital base and support growth after strong earnings rebound and recapitalisation drive
Fidelity Bank recapitalisation success sees capital exceed N500bn after strong investor backing and a N259bn private placement
Access Holdings Plc and UBA Plc boards approve audited 2025 results and proposed dividends, awaiting Central Bank of Nigeria approval
Nigeria bank liquidity crisis fears grow as rising cash demand, OMO auctions, and limited inflows push NIBOR rates above 26%, with smaller banks under pressure
FCMB Group H1 2025 results reveal a 23% rise in pre-tax profit to N79.3bn and a 60% surge in digital income, highlighting strong performance across business...
Meristem Securities projects Nigerian oil and banking stocks to benefit from global crude surge, citing gains for Seplat, Aradel and commercial banks.