Nigeria's banking sector faces consolidation as three mergers are expected before the March 2026 recapitalisation deadline. Tier-2 banks scramble for survival amid fintech disruption and regulatory pressure. Read the full analysis.
The CBN's revised cash policy removes deposit limits but raises concerns over ATM failures, election vote-buying, and national security. We analyse the potential pitfalls.
60 newly hired Central Bank of Nigeria staff face hardship after resigning for jobs they never started. They appeal to CBN Governor & President Tinubu for help. #CBN #Employment
Standard Chartered Bank launches its 2026 Internship Programme for Nigerian students and graduates. Gain paid, hands-on global banking experience and a pathway to a finance career. Apply now!
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With weeks to the March 31, 2026 deadline, 22 of Nigeria's 34 banks have met the CBN's new capital requirements. Discover which banks are safe and how mergers are reshaping the industry for stability and growth.
Access Bank partners with Visa to launch a new Corporate Credit Card for medium & large Nigerian businesses. It offers a 45-day interest-free period and digitizes expense tracking via the Visa Spend Clarity platform.
The NDIC has announced a second liquidation dividend of N24.3 billion for Heritage Bank depositors with balances over N5 million. Learn about the payout rate and future recovery prospects.
Fidelity Bank Plc has successfully raised its capital base to N564.5bn, crossing the CBN's N500bn threshold for international banks. Discover how the recapitalisation race is reshaping Nigeria's banking sector with the March 2026 deadline looming.
The NDIC announces a second liquidation dividend of N24.3bn for Heritage Bank depositors with balances above N5m. Learn how to claim your funds and what it means for the liquidation process.
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Wema Bank Plc has launched an upgraded version of its ALAT digital banking platform, featuring voice commands and contactless payments. Discover the new smart features.
Despite over a decade of support, non-interest banks in Nigeria account for a mere 1.7% of the sector. An expert blames low awareness and misconceptions. Read more on the future of ethical finance.
The FCCPC has placed 103 digital loan apps on a regulatory watch list and delisted 45 others. This move aims to protect consumers from data abuse and harassment. Verify app status before borrowing.
As the March 31, 2026 deadline looms, 22 of 34 Nigerian banks have secured their licenses under new CBN capital rules. Find out which banks are safe and what mergers are reshaping the sector.
Discover the top 10 loan apps in Nigeria for 2026 as the FCCPC releases its approved list of 457 digital lenders. Compare interest rates, loan amounts, and key borrowing tips.
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Nigeria's banking sector braces for tough days as the CBN's termination of pandemic-era loan relief exposes hidden losses, pushing NPLs above the regulatory limit. Discover the sectors most at risk.
The Naira held firm as CBN intervention spurred a 38% monthly jump in FX inflows to $2.8bn in December 2025. Analysts predict stronger inflows ahead. Read the full analysis.
With the March 31 deadline looming, at least 12 Nigerian banks are struggling to meet the CBN's new capital requirements. Discover the full list and potential outcomes for the banking sector.
The FCCPC has published its 2026 register of approved digital lenders. See the full list of over 400 compliant apps and protect yourself from illegal operators.
The FCCPC has blacklisted 45 illegal digital lending apps in Nigeria for predatory practices. Learn the full list and how to stay safe from harassment and data theft.
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United Bank for Africa (UBA) has successfully raised N157.84 billion through a rights issue, exceeding the Central Bank of Nigeria's N500 billion minimum capital requirement. The offer was oversubscribed by 113%, demonstrating strong investor confidence.
Nigeria's BVN database grows to 67.8 million, a 6.8% yearly increase. Active bank accounts now stand at 325.6 million, showcasing financial inclusion progress. Read the full analysis.
ASSBIFI demands Unity Bank recall over 100 terminated employees, citing breach of labour laws and merger agreement. The union threatens industrial action if demands are not met.
United Bank for Africa (UBA) has officially exceeded the Central Bank's N500bn capital requirement for international banks. The feat, achieved via a N178.3bn rights issue, positions UBA for expansion ahead of the March 2026 deadline. Read the full details
A Nigerian lady's disciplined savings plan of N2,500 daily on OPay for 50 days yielded a specific sum. She explains why the total was less than expected. See her story and netizens' reactions.
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Over 521 digital lenders now regulated by FCCPC as new rules take effect. 103 unregistered apps face enforcement. Discover the key provisions and sanctions.
First Bank of Nigeria has successfully raised its capital base to meet the Central Bank's N500 billion requirement. The funds will drive support for the real sector and enhance digital innovation. Read more.
Nineteen Nigerian banks have met the CBN's new capital requirements, with Fidelity Bank raising N250bn. Analysts expect more compliance before the March 31, 2026 deadline. Read the full list and analysis.
Ecobank Nigeria Limited has successfully prepaid over 80% of its $300 million Eurobond, settling $245 million with bondholders ahead of the February 2026 maturity. This strategic move highlights the bank's robust liability management.
The Central Bank of Nigeria's strategic reforms, led by Governor Olayemi Cardoso, have successfully eliminated cash scarcity during the 2025 festive season. Learn how new regulations and digital initiatives are transforming Nigeria's financial landscape.
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Lovonus Microfinance Bank unveils a five-year, technology-driven strategy to expand credit access for MSMEs and cooperatives. MD Adeola Ayibiowu details plans for digital growth and portfolio resilience. Read more.
