If Nigeria truly hopes to build a resilient and inclusive economy, then the banking sector must once again become a vehicle for national development rather than...
The positive outcomes are measured not just by numbers but by the renewed confidence of investors, the resilience of businesses, and the improved prospects for millions...
Court orders ex-Skye Bank chairman held in custody pending bail hearing in EFCC’s fraud case involving ₦15.66bn.
Otherwise, the uncomfortable truth will persist; one well-capitalised bank elsewhere will continue to stand taller than an entire banking system at home. Whilst a $1 trillion...
CBN cautions Nigerians to avoid sharing sensitive data as cyber fraud attempts targeting bank users increase.
Manufacturing tax contributions rose sharply in 2025, hitting N1.17tn VAT and N881bn CIT, reinforcing Nigeria’s non-oil revenue base.
CBN intervened in Union Bank over alleged risky transactions and governance issues, with audit findings pointing to undisclosed financial dealings.
One major benefit of this move is that it makes our banks stronger and better able to handle tough times. With more money in reserve, banks...
The above questions are relevant because they will determine whether recapitalisation becomes a catalyst for change or a missed opportunity if not taken into cognizance. A...
Following a N4.6 trillion capital raise, Nigerian banks are set for a lending race across key sectors, with analysts predicting slow returns before recovery by 2027.