Category : Banking


Ecobank's Osokpor Wins Media Manager of the Year Award

Austen Osokpor, Head of Marketing and Corporate Communications at Ecobank Nigeria, has been honored as Media Manager of the Year at the Champion Newspapers' 2025 Awards, recognizing his exceptional contributions to media and strategic communication.

Tinubu Targets 10m Nigerians in Financial Inclusion Training

The Presidency has launched registration for a free nationwide programme to train 10 million Nigerians in financial literacy, digital skills, and entrepreneurship, with Vice President Shettima hailing it as a potential global model for economic inclusion.

ABCON Welcomes CBN Diaspora Remittance Reforms

The Association of Bureau De Change Operators of Nigeria praises the Central Bank's directive requiring IMTOs to process remittances in naira, citing improved transparency and market efficiency.

Stanbic IBTC Opens Digital Graduate Trainee Applications

Stanbic IBTC Holdings has opened applications for its intensive Digital Graduate Trainee Programme, targeting young Nigerians with IT backgrounds. Applicants must meet specific academic requirements and technical skills, with applications closing on April

CardinalStone Wins Equity Advisory Awards at DealMakers Africa

CardinalStone Partners Limited has been recognized at the DealMakers Africa Awards, winning Financial Adviser by Transaction Flow (Equity) and placing third in Transaction Value (Equity), highlighting its leadership in African financial advisory services.

CBN Allows 100% Forex Repatriation for Oil Firms

The Central Bank of Nigeria has approved full repatriation of export proceeds for International Oil Companies, replacing a 2024 rule that limited access to 50% of earnings. This policy aims to boost market liquidity and attract investment.

Contractors Warned Over Sabotage in Foiled Niger Delta Oil Theft

Surveillance contractors face strict warnings against negligence and collusion after a foiled oil theft attempt in Rivers State. The incident highlights ongoing security challenges and calls for transparency in oil divestment processes in the Niger Delta

Banks Raise N4.61 Trillion Capital, N1.2 Trillion Foreign

CBN Governor Olayemi Cardoso announces Nigerian banks raised N4.61 trillion in fresh capital, with 27% from foreign investors, during the recapitalisation programme. He warns of cross-border risks and emphasizes regulatory collaboration.

Nigeria's Escalating Bank App Fraud Crisis

Nigeria's banking system is grappling with a surge in digital fraud, with billions lost through unauthorized access, insider collusion, and sophisticated cyberattacks, threatening financial stability and consumer trust.

Unity Bank Denies Recapitalization Failure Claims

Unity Bank has firmly dismissed reports suggesting it failed to meet CBN's recapitalization threshold, confirming full compliance and strong financial stability ahead of the March 31, 2026 deadline through strategic merger and capital enhancement initiati

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