CBN offers N2trn OMO bills as banks’ idle funds hit N7.9trn
The Central Bank of Nigeria (CBN) has offered N2 trillion in Open Market Operations (OMO) bills to mop up excess…
JPMorgan’s Nigeria entry sparks debate over benefits to local economy
The proposed entry of United States financial giant, JPMorgan, into Nigeria’s merchant banking sector has triggered debate among economists and…
Global Islamic finance assets set to hit $10.5trn by 2030
Global Islamic finance assets are projected to exceed $10.5 trillion by 2030, driven by the expansion of Islamic banking, record…
FCMB, Mastercard launch digital platform to boost farmers’ access to finance
First City Monument Bank (FCMB) and Mastercard have launched a digital platform, AgroPass, to expand smallholder farmers’ access to financing,…
NDIC failed banks’ asset sale to test bidders’financial capacity —Analysts
Prospective buyers of assets belonging to three failed financial institutions will need strong financial readiness, liquidity and the ability to…
Stanbic IBTC fixes N159.86 reference price for interim scrip dividend
Stanbic IBTC Holdings Plc has fixed N159.86 per ordinary share as the reference price for its 2026 interim scrip dividend…
Technology, AI and brand reputation critical to competitive banks —Access Holdings CEO
Group Managing Director and Chief Executive Officer of Access Holdings Plc, Innocent C. Ike, has identified technology, artificial intelligence (AI)…
Nigeria, Africa must move from talking talent abundance to monetising it — Afreximbank vice president
Executive Vice President in charge of Intra-African Trade and Export Development Bank at African Export-Import Bank (Afreximbank), Mrs Kanayo Awani,…
DMO plans N5.75trn bond sale as government borrowing pressures persist
THE Debt Management Office (DMO) plans to raise N5.75 trillion through the Federal Government of Nigeria (FGN) bond issuances in…
Fitch revises outlooks on 11 Nigerian banks, financial institutions to positive
FITCH Ratings has revised the outlooks of 11 Nigerian banks, holding companies and financial institutions to Positive from Stable, raising…
Ecobank empower students with digital skills, marks 14th “Ecobank Day”
ECOBANK Nigeria has commemorated the 14th edition of Ecobank Day, its flagship Group-wide Corporate Social Responsibility (CSR) initiative, across four…
ProvidusUnity Bank assemble 200 stakeholders to boost non-oil exports
PROVIDUSUNITY Bank has interface with more than 200 exporters, industry associations and government institutions, at the fifth edition of its…
Why the Ojugbana Family Is Taking a Strong Interest in Dangote Refinery IPO
With the Dangote Refinery IPO reportedly extended to October 27, 2026, attention is turning to prominent Nigerian business families expressing…
Shareholders commend Fidelity Bank’s strong performance
Shareholders of Fidelity Bank Plc have lauded the Bank’s Board and Management for strengthening its capital base, improving asset quality…
FCMB marks customer service week with digital upgrades, rewards
FIRST City Monument Bank (FCMB) has introduced digital banking enhancements and customer engagement initiatives ahead of Customer Service Week 2026,…
Ghana’s yuan payment system puts Nigeria’s $2bn swap deal in focus
GHANA’S introduction of a yuan-based payment system for imports from China has renewed attention on Nigeria’s $2 billion currency-swap agreement…
Zenith Bank’s H1 pretax profit hits N637bn, raises interim dividend 20 percent
ZENITH Bank Plc has reported a two per cent increase in profit before tax to ₦637 billion for the first…
Pending earnings releases to shape Q4 investor sentiment in banking sector
NIGERIAN banking stocks are heading into the fourth quarter facing a critical earnings test, with pending third-quarter results expected to…
Africa’s top 100 banks: UBA climbs to 15th position as Tier 1 capital of Nigerian banks hit $15.2 billion in 2026
UNITED Bank for Africa (UBA) has climbed five places to rank 15th among Africa’s top 100 banks in 2026, as…
FDI unflows plunge 92 percent to $11m despite portfolio investment surge
NIGERIA’S foreign direct investment (FDI) inflows plunged by 92 per cent month-on-month to just $11 million in September 2026, from…
