Category: Banking

Banks attract $16.78b capital inflows in first nine months 2025

Banks in Nigeria saw total capital inflows of $16.78 billion between January and September 2025,...

W’African central banks advance bloc’s currency talks

Governors of central banks from 12 West African countries, including the Governor of the Central...

NDIC vows stronger action against debtors of failed banks

The Nigeria Deposit Insurance Corporation has pledged to deploy the strengthened enforcement powers conferred by...

NDIC reimburses defunct bank depositors within 72 hours

The Nigeria Deposit Insurance Corporation said it has settled or reimbursed depositors of defunct banks...

Ecobank posts strong 2025 performance, PBT up 30%

Ecobank Transnational Incorporated posted a robust performance for the year ended December 31, 2025, with...

Access Bank appoints Ifeyinwa Osime as board chairman

Access Bank Plc has named Mrs. Ifeyinwa Osime as Chairman of its Board of Directors,...

First Abu Dhabi Bank plans Lagos office for Africa expansion

First Abu Dhabi Bank has revealed plans to establish a representative office in Lagos as...

Otedola justifies massive legacy loan charge despite profit hit

Group Chairman of First Bank Holdings, Femi Otedola, has justified the company’s one-off N748bn charge...

Wema Bank hit N222bn 2025 pre-tax profit, up by 116%

Wema Bank Plc has published its unaudited financial results for the year ended December 31,...

Fitch withdraws ratings on Afreximbank over commercial reasons

Fitch Ratings has withdrawn its ratings on the African Export-Import Bank (Afreximbank) for commercial reasons,...

Islamic Development Bank to fund $163m solar electrification in Niger

The Islamic Development Bank will finance a $163 million solar electrification initiative in Niger State,...

Access Bank to host second Africa trade conference in South Africa

Access Bank Plc will host the second Africa Trade Conference in Cape Town, South Africa....