Category: Banking

Wema Bank reaffirms support for Nigeria’s MSMEs

Wema Bank has reiterated its commitment to advancing Nigeria’s small business sector, highlighting entrepreneurs as...

Polaris Bank restricts VULTe access for four-day system upgrade

Polaris Bank has informed customers that access to its digital platform, VULTe, will be restricted...

Wema Bank posts N221.8bn audited 2025 profit before tax

Wema Bank Plc has posted a profit before tax of N221.8 billion in its audited...

CBN sets April 30 deadline for banks’ stress test reports

Nigeria’s lenders are under pressure to meet an April 30 deadline set by the Central...

Flutterwave secures Nigerian banking license in bold expansion move

Flutterwave, Africa’s leading payments technology company, has secured a Nigerian banking license, enabling it to...

Flutterwave secures banking licence, set to rival traditional lenders

Nigerian fintech giant Flutterwave has secured a microfinance bank licence from the Central Bank of...

Kenya banks smash MSME lending target in 2025

Kenya’s banking sector more than doubled its MSME lending target in 2025, disbursing KES326.5 billion...

FCMB raises ₦1.53tn to lead 2025 debt capital market

FCMB Capital Markets Limited, the investment banking division of FCMB Group Plc, has officially been...

Nigerian investors fund 72% of banks’ ₦4.65tn recapitalisation

The Central Bank of Nigeria on Wednesday said domestic investors accounted for the bulk of...

CBN completes bank recapitalisation, raises N4.65trn

The Central Bank of Nigeria on Wednesday said it has concluded the banking sector recapitalisation...

Sterling Bank’s zero transfers saves Nigerians ₦2bn in fees

Sterling Bank is marking one year since it broke from industry norms by introducing its...

Banking sector attracts record $13.53bn foreign capital inflows

Foreign capital inflows into Nigeria’s banking sector rose to $13.53 billion in 2025, representing a...