Sterling Bank removes account maintenance fees
Sterling Bank has announced the removal of account maintenance fees on all personal accounts, calling it a “gift” to Nigerians as the…
Banking
All the news and updates from the banking sector; Access Bank, GTBank, First Bank, First City Monument Bank, United Bank of Africa etcs
Unity Bank confirms shareholders’ approval of Providus merger
Unity Bank Plc announced that its shareholders have approved a merger with Providus Bank Limited The approval was granted at a court-ordered…
AMCON’s 34% stake not bought by Providus Bank – Unity Bank
Unity Bank Plc has announced that a current shareholder has acquired the 34 per cent equity stake formerly held by the Asset…
Providus Bank becomes ninth-largest bank in Nigeria
Providus Bank Limited has entered Nigeria’s top tier of lenders, becoming the ninth-largest bank by assets following its business combination with Unity…
Ecobank completes exit from Mozambique with sale to FDH Bank
Ecobank Transnational Incorporated, the parent company of Ecobank Group, has finalized its exit from Mozambique with the sale of its entire shareholding…
TAJBank surpasses CBN’s capital requirement threshold
TAJBank, one of Nigeria’s fastest-growing non-interest banks, has met the Central Bank of Nigeria’s new minimum capital requirement for national non-interest banks.…
AMCON sells 34% stake in Unity Bank to Providus
The Asset Management Corporation of Nigeria has sold its 34 per cent equity stake in Unity Bank Plc to Providus Bank, marking…
Banks shun CBN’s lending window as liquidity pressures mount
Deposit Money Banks are increasingly shunning the Central Bank of Nigeria’s Standing Lending Facility, even as their opening balances have fallen to…
14 banks meet new capital requirement – CBN
The Central Bank of Nigeria has announced that 14 Nigerian banks have fully met the new capital requirement in the ongoing recapitalization…
FirstBank unveils tailored banking services for people with disabilities
FirstBank has unveiled plans to roll out specialized financial services for Persons Living with Disabilities. According to a statement on Tuesday, the…
GTCO half-year profit falls to N601bn
Guaranty Trust Holding Company Plc has published its audited financial results for the half year ended June 30, 2025, posting a pre-tax…
Jim Ovia to receive N5.18bn interim dividend for H1 2025
Zenith Bank Plc will pay its founder and chairman, Jim Ovia, about N5.18 billion in interim dividends for the first half of…