Access Holdings Plc, the parent company of Access Bank, has announced plans to raise about N40bn through a private placement as part of its ongoing capital-raising programme. The move is …
Banking
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BankingBusinessCapital MarketCorporate GovernanceEconomyFinanceNigeria
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BankingBusinessCapital MarketsCorporate EarningsEconomyFinance
Top Nigerian Banks Grow Savings Deposits to N33.24tn in Nine Months
The top ten banks in Nigeria have grown their savings deposits to N33.24 trillion in the first nine months of 2025, marking a 6.8 per cent increase from the N31.13 …
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BankingBusinessDevelopmentEntrepreneurshipNigeriaSMEsWomen Empowerment
FCMB’s SheVentures Hosts 2025 Networking Summit to Empower Women Entrepreneurs
First City Monument Bank has strengthened its support for women-led businesses through its flagship initiative, SheVentures, by successfully hosting the 2025 SheVentures Networking Summit in Lagos. The gathering brought together …
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BankingEconomyFinanceGovernancePublic Accountability
Audit Alleges CBN Re-Circulated N29.77bn Dirty Notes Under Emefiele, Violating Clean Note Policy
The Office of the Auditor-General of the Federation has accused the Central Bank of Nigeria, under former Governor Godwin Emefiele, of re-circulating dirty and unfit banknotes valued at N29.77bn in …
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BankingBusinessEntrepreneurshipFinance & ServicesSMEsWomen in Business
Kingdom Bank Opens New Branch on Tom Mboya Street to Support Nairobi SMEs
Kingdom Bank has expanded its presence in Nairobi with a new branch on Tom Mboya Street, bringing its SME-focused banking model closer to the city’s busy traders and professionals. The …
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BankingDevelopmentDigital EconomyEconomyFinanceNational Assembly
AMMBAN Marks 10 Years, Celebrates Growth of Agent Banking in Nigeria
The Association of Mobile Money and Bank Agents in Nigeria has marked its 10th anniversary alongside its ninth Annual National Conference in Gombe, with many stakeholders commending the critical role …
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BankingCorporate NewsDigital Payments & FintechFinanceFraud & CybersecurityLegal Affairs
₦230m Missing After System Glitch — Alpha Morgan, NEM Sue 19 Banks
by Radarr Adminby Radarr AdminAlpha Morgan Bank Plc, together with two of its major customers — NEM Insurance Plc and Extension Publications Limited — has dragged 19 financial institutions to the Federal High Court …
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BankingBusinessEconomyFinanceINVESTMENTStock Market
Nigerian Stocks Extend Losses as Profit-Taking Wipes Out N471.99bn
The Nigerian Exchange Limited (NGX) opened the week on a negative note as persistent profit-taking dragged the All-Share Index (ASI) down by 0.50 per cent to close at 148,781.90 points …
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BankingBusinessCourt RulingsEconomyLawReal Estate
Court Orders Danium Energy, CEO to Pay Union Bank N20.7bn Over Unpaid Loans
The Federal High Court in Lagos has ordered petroleum marketer Kehinde Ogbor and his firm, Danium Energy Services Limited, to pay Union Bank Plc the sum of N20.7 billion after …
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BankingBusinessEconomyFinanceINVESTMENTMonetary Policy
Nigerian Banks Earn Over N14.7tn in Nine Months as High-Interest Rates Boost Sector Growth
Nigeria’s biggest banks have continued to enjoy massive earnings in 2025 as nine major financial institutions raked in a total of N14.72 trillion in interest income during the first nine …