Category: Banking

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....

GTCO raises N10bn via fully subscribed private placement

Guaranty Trust Holding Company Plc has successfully concluded its N10 billion private placement, with all...

Banks record surge in household, corporate loan defaults

Banks in Nigeria recorded an increase in loan defaults by households and corporates in the...

20 banks hit capitalisation requirements ahead of deadline – Cardoso

The Central Bank of Nigeria says about 20 deposit money banks have already met the...

US banks report strong Q4 2025 earnings amid loan growth

Major US banks reported robust earnings in the fourth quarter of 2025, supported by growing...

Nigerians to pay VAT on bank transfers, USSD from January 19

Nigerians will begin paying a 7.5 per cent Value Added Tax on selected banking services...

Oil marketers confirm stable supply from Dangote Refinery

Oil marketers have disclosed that they are sourcing their petrol supplies from Dangote Refinery and...

Wema Bank launches upgraded ALAT digital banking platform

Wema Bank, Nigeria’s most innovative bank and the pioneer of Africa’s first fully digital bank,...

Banking, consumer stocks signal strong market prospects

Consumer goods and banking stocks have been identified as major drivers of emerging opportunities in...

BVN enrolments hit 67.8m by December 2025

The Nigeria Inter-Bank Settlement System has reported a significant increase in Bank Verification Number enrolments,...

UBA crosses N500bn threshold after successful rights offer

United Bank for Africa has raised N178.3 billion through a rights issue, pushing its capital...