Nigerian banks are increasingly turning their attention to non-interest income as the extraordinary foreign exchange (FX) gains they enjoyed after the FX market harmonisation begin to fade. This trend was …
The Asset Management Corporation of Nigeria has revealed that it has repaid about N3.6tn to the Central Bank of Nigeria since it was created in 2010 to stabilise the financial …
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 …
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 …
Pan-African credit rating agency, Agusto & Co., has reaffirmed the ‘A3’ rating of Abbey Mortgage Bank with a stable outlook, citing the bank’s low leverage, consistent financial fundamentals, and improved …
The Group Chief Executive Officer of FCMB Group Plc, Mr. Ladi Balogun, has said that the company’s ongoing N160 billion public offer will help strengthen its capital base and support …
In Nigeria today, mobile banking apps have become more than tools for sending and receiving money. They are now digital partners helping people save automatically, invest wisely, track expenses, access …
British independent energy company, Savannah Energy Plc, has announced a total revenue of US$185.2 million for the nine months ending September 30, 2025 — representing a 9 per cent increase …
The Central Bank of Nigeria’s directive on the recapitalisation of banks has continued to shape discussions in the financial sector. Since the announcement, attention has been focused on which banks …
Stanbic IBTC Holdings Plc has reported a profit after tax of N173.4 billion for the half year ended June 30, 2025, showing a 49 per cent rise compared with the …