Nigeria's aviation sector braces for a sharp drop in passenger traffic as U.S. visa restrictions take effect January 2026. Experts warn of economic fallout for airlines and travel agencies. Read more.
FirstBank, UBA, Stanbic IBTC, and Union Bank warn customers to be vigilant against scams targeting mobile apps and USSD banking. Protect your OTPs and PINs.
US President Donald Trump announced deadly military strikes against ISIS terrorists in Northwest Nigeria on Christmas, citing attacks on Christians. Read the full details.
Nigerian banks and capital market firms will close physical branches for Christmas. Customers are advised to use mobile apps, USSD, and online platforms for uninterrupted services.
Lagos gears up for VIBEZ & TUNES, the ultimate festive rave on Dec 28, 2025, at Pavilion Nightlife, VI. Featuring top DJs and artists like Reekado Banks. Book now!
Access Holdings plans a N40bn private placement in foreign currency to meet CBN's recapitalisation rules and fund expansion. The move comes as the March deadline nears.
Nigerian banks will close branches early on Dec 24 & 31 and fully on Dec 25 & Jan 1. Customers advised to use ATMs, mobile apps, and USSD for transactions during the public holidays.
A Federal High Court in Abuja has permanently forfeited two high-value plots of land meant for the Goodluck Jonathan Legacy Model Housing Estate to the Federal Government. The ICPC secured the order to ensure the project benefits end-users.
Financial regulators and housing experts warn Nigeria's economic growth is limited without affordable housing finance. Learn about the N250bn MRIF fund and new strategies.
The Association of Corporate Communication & Marketing Professionals in Banks dismisses viral claims of 12 banks shutting down. ACAMB assures the public the recapitalisation is proceeding smoothly to strengthen the financial system.
With 100 days left, Nigeria's banking sector races to meet CBN's recapitalisation deadline. ACAMB dismisses closure rumours as 16 banks already meet requirements. Read the latest updates.
EFCC Chairman Ola Olukoyede warns banks' compliance officers that slow information release is hampering anti-corruption probes. He insists on full cooperation to safeguard Nigeria's financial system. Read more.
Nigerian banks warn customers against using public Wi-Fi for transactions this festive season as fraud spikes. Learn how to protect your account from cybercriminals.
The Central Bank of Nigeria directs Access, Zenith, UBA & others to improve foreign card acceptance, aiming to resolve transaction failures for tourists and returning Nigerians.
An in-depth review of Nigeria's banking recapitalisation exercise. Discover which 16 banks have met the CBN's new capital requirements and the impact on the financial sector. Read the full analysis now.
A Russian court has ordered Austria's Raiffeisen Bank to pay nearly $400 million in compensation to a company linked to sanctioned oligarch Oleg Deripaska. The bank says it will appeal.
The Nigeria Customs Service warns designated banks over delayed remittance of collected revenue. Defaulters face a penalty interest of 3% above NIBOR. Details inside.
Nigerian banks are in a race against time to raise N4.14 trillion before the CBN's March 2026 recapitalisation deadline. Discover how this move aims to build a $1 trillion economy.
The Central Bank of Nigeria has revoked the operating licenses of Aso Savings and Union Homes for regulatory breaches. Discover the full story and what it means for Nigeria's financial sector.
The Central Bank of Nigeria has revoked the operating licences of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc for failing to meet capital requirements. Learn the full details and implications for Nigeria's mortgage sector.
CBN revokes Aso Savings & Union Homes licences for regulatory breaches. NDIC starts insured deposit payments up to N2m. Learn how to claim your funds.
The CIBN has announced a new Annual Ethics and Professionalism Summit, aligning with the UN's International Day of Banks on December 4th. Discover how this initiative aims to strengthen trust and sustainable finance in Nigeria's banking sector.
The Chartered Institute of Bankers of Nigeria commemorates the UN day, highlighting banks' role in sustainable development and cybersecurity amid rising digital threats. Read more.
Nigeria's AMCON has repaid N3.6 trillion to the CBN, achieving an 87% recovery rate. CEO Gbenga Alade reveals plans to trace global assets of debtors. Read the full report.
CBN Governor Yemi Cardoso confirms 16 banks have met new capital thresholds. With the March 2026 deadline approaching, the recapitalisation drive aims to strengthen lenders for Nigeria's $1 trillion economy goal.
Ten Nigerian banks recorded over N33.24 trillion in savings deposits by September 2025, a 6.8% annual increase. See which Tier-2 banks led the growth and the latest CBN savings rates.
Access Bank, First Bank, and UBA lead with over 10 million downloads each. Discover the full ranking of Nigeria's most downloaded banking apps and their ratings. #DigitalBanking #Fintech
Sokipriye Graham-Douglas calls for government prioritization of infrastructure, social housing, and accessible mortgages to reduce Nigeria's growing housing gap. Read his solutions.
The Central Bank of Nigeria has ordered all banks to withdraw misleading advertisements. New rules require pre-approval notifications and compliance attestations to protect consumers.
African Development Bank approves $500 million budget support for Nigeria to boost non-oil revenues and energy sector reforms. Learn how this impacts Nigeria's economic growth.