Category: Banking

First HoldCo elevates Omodayo-Owotuga to executive director role

FirstBank of Nigeria Limited, a subsidiary of First HoldCo Plc, has appointed Dr Julius B....

Four banks publish 321,181 dormant accounts in compliance with CBN directive

Four banks have disclosed details of at least 321,181 dormant accounts in compliance with a...

CBN raises concern over governance gaps in non-interest financial institutions

The Central Bank of Nigeria has cautioned non-interest financial institutions against governance and compliance risks...

Alternative Bank boosts local pharma production with non-interest funding

Against the backdrop of Africa’s heavy dependence on imported medicines, The Alternative Bank has intensified...

FirstHoldCo seeks ₦253bn raise to hit ₦1trn capital base

FirstHoldCo Plc, the parent entity of Nigeria’s oldest commercial lender (First Bank), is moving to...

FUGAZ banks report ₦2.365trn bad loans in 2025

Five listed Nigerian Tier-1 banks, also known as FUGAZ have released their full-year audited 2025...

FCMB appoints ex-Lafarge CEO Adepeju Adebajo to board

FCMB Group Plc has appointed former Lafarge Africa Chief Executive Officer, Mrs. Adepeju Adebajo, as...

Optimus Bank profit rose 69.94% in 2025

Optimus Bank Limited, a national bank and one of Nigeria’s emerging digital-driven banking frontrunners, has...

Banks post mixed 2025 results amid profit decline

Nigeria’s largest banks delivered a mixed but ultimately reassuring set of financial results in 2025,...

Access Holdings explains non-payment of 2025 dividend to shareholders

Access Holdings Plc has reaffirmed its commitment to long term shareholder value and sustainable returns,...

Zenith Bank appoints Mustafa Bello to replace Jim Ovia

Zenith Bank Plc has appointed Engr. Mustafa Bello as its new Chairman, following the retirement...

Zenith Bank founder Jim Ovia steps down as chairman

Zenith Bank Plc has announced the retirement of its Founder and Group Chairman, Jim Ovia,...