New Bank Lending Rates Released by CBN for 2025
Central Bank of Nigeria publishes updated lending rates for Access Bank, UBA, Zenith Bank and others. See the new prime and maximum rates affecting loans.
Category : Search result: Nigerian banks interest income
Banks Set Jan 2026 Deadline for NIN, Tax ID Linking
Access Bank, Zenith Bank, UBA, and other Nigerian banks mandate customers to link NIN or Tax ID by January 1, 2026, or face account restrictions under new tax laws.
6 Tax Deductions Under Nigeria's New PIT Rules 2026
Discover 6 legitimate tax deductions under Nigeria's new Personal Income Tax rules effective January 2026. Learn how to reduce your taxable income legally and save money.
Islamic Banks in Nigeria Increase to Five with New Entry
Summit Bank Limited begins operations as Nigeria's fifth Islamic bank, expanding Sharia-compliant financial services accessible to all Nigerians regardless of religion.
Man Pleads with Single Women to Accept Low-Income Men
Jesse Nwachukwu appeals to single Nigerian women to consider men with low incomes as potential life partners, highlighting their good character despite financial instability.
Standard Chartered Nigeria Closing Branches from 2026
Standard Chartered Bank Nigeria announces branch closures starting January 2026 as part of digital transformation strategy. Bank confirms meeting CBN's N200bn capital requirement early.
Aguero Banks: Finding Voice in Nigeria's Music Scene
Discover the inspiring journey of Nigerian artist Aguero Banks as he overcomes challenges to establish his unique sound in Africa's competitive music industry.
Nigerian Stock Market Plunges Amid Economic Worries
Nigeria's financial markets experience significant downturn as rising interest rates, inflation fears, and job market instability spook investors. Key indices drop amid growing economic uncertainty.
Nigerian Bank Launches Advanced Device Security System
A leading Nigerian digital bank has unveiled a groundbreaking device verification system that promises to revolutionize customer security and protect against unauthorized account access in the growing fintech landscape.
First Bank Holdings Posts N450.9B Profit
First Bank of Nigeria Holdings Plc announces staggering N450.9 billion profit as it strategically positions itself for Central Bank of Nigeria's banking sector recapitalisation requirements.
Bank of England Maintains 5.25% Interest Rate
The Bank of England maintains interest rates at 5.25% amid inflation concerns. Discover how this decision impacts mortgages, savings, and the UK economic outlook.
CBN's Critical Rate Decision: Hold or Hike Amid Economic Pressures?
Nigeria's Monetary Policy Committee faces tough choices as inflation soars and economic growth slows. Experts analyze potential outcomes ahead of crucial rate decision.
FG Launches Interest-Free Loans for Varsity Staff
Nigerian tertiary institution staff can now access interest-free loans through new federal government initiative aimed at improving welfare and academic excellence.
Peter Obi Breaks Silence on Anambra Political Interests
Former Anambra governor Peter Obi breaks silence on his political motivations, emphasizing service over personal gain in explosive new statement ahead of gubernatorial elections.
Standard Chartered Meets CBN's ₦200B Capital Requirement
Standard Chartered Bank Nigeria has successfully met the Central Bank's new ₦200 billion minimum capital requirement, positioning itself as a leader in Nigeria's banking sector transformation.
Top 10 Nigerian Banks With Highest Entry-Level Salaries
Discover which Nigerian banks offer the most competitive starting packages for fresh graduates. Our comprehensive analysis reveals salary structures and career prospects.
Asian Markets Volatile Amid Tech Rally, Fed Watch
Asian markets experienced significant volatility as technology shares surged while traders anxiously await the Federal Reserve's interest rate outlook. Discover how major indices performed and what's driving market sentiment.
Fed's Cook: Inflation to Stay Elevated in 2024
Federal Reserve Governor Lisa Cook signals persistent inflation concerns as price pressures prove more resilient than expected, impacting global economic outlook.
Partial Food Stamp Benefits Due to Government Shutdown
Trump administration confirms partial SNAP benefits for November due to ongoing government shutdown. Millions of low-income families face uncertainty as food assistance programs hit crisis point.
Ecobank Leads Nigeria's Top Banks in Customer Deposits
New data reveals Nigeria's top 10 banks by customer deposits, with Ecobank leading the pack. Discover which financial institutions Nigerians trust most with their money and the staggering amounts involved.
Nigerian Banks Lose Billions to Fraud in 2025
New data reveals alarming fraud cases across Nigerian banks with millions disappearing through digital channels. Discover the banks most vulnerable to financial crimes and what this means for customers.
US Fed Official Defends Rate Pause Amid High Inflation
Federal Reserve Governor Philip Jefferson explains the reasoning behind holding interest rates steady while inflation remains above target. Get the inside story on the Fed's cautious approach.
Italy Demands ECB Cut Rates Over Strong Euro Crisis
Italian leaders pressure European Central Bank to slash interest rates as surging Euro threatens economic recovery. Analysis of global currency impacts.
Pastors Earn ₦15k Monthly - Apostle's Shocking Revelation
Renowned cleric Apostle Harrison Ayintete exposes the financial struggles of Nigerian pastors, revealing many earn as low as ₦15,000 monthly while calling for urgent church reforms.
Bank of Japan Maintains Zero Interest Rates
The Bank of Japan maintains ultra-low interest rates while signaling potential future hikes as yen weakness and inflation concerns persist. Get the latest analysis on Japan's monetary policy direction.
GTCO Records ₦900.8 Billion Profit in Q3 2024
Guaranty Trust Holding Company Plc (GTCO) announces exceptional financial performance with Profit Before Tax hitting ₦900.8 billion in Q3 2024, showcasing remarkable growth and market leadership.
ECB Holds Rates Steady Amid Inflation Concerns
European Central Bank maintains interest rates despite inflation concerns. Analysis of how this decision impacts Nigeria's economy, trade relations, and the global financial landscape.
UBS Beats Expectations with $1.8 Billion Profit
Swiss banking powerhouse UBS delivers stunning Q1 results, exceeding expectations with $1.8 billion profit and recovering massive provisions. Nigerian investors watch closely as global banking shows strong recovery signs.
US Fed Signals Rate Cuts: Impact on Nigeria's Economy
The US Federal Reserve is preparing for interest rate reductions in its final 2024 meeting, setting the stage for economic shifts that could impact Nigeria's markets and inflation trends in 2025.
FirstBank Redeems $350M Eurobond, Shows Financial Strength
Nigeria's premier banking institution, FirstBank, has successfully redeemed its $350 million Eurobond, demonstrating robust financial health and reinforcing investor confidence in the Nigerian banking sector.
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