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Banking

135 articles tagged with "Banking"

Jun 2, 2026·1 min read
Supreme Court Upholds Unity Bank and Providus Bank Merger
The Supreme Court has dismissed a suit challenging the merger of Unity Bank Plc and Providus Bank Li...
Written byNGN Market
Jun 1, 2026·1 min read
Banks' NPL Ratio Hits 8.03% After CBN Forbearance Withdrawal
Nigeria's banking sector saw its non-performing loans ratio climb to 8.03% in January 2026, a rise a...
Written byNGN Market
May 28, 2026·1 min read
Classroom Funding Slashed by 55% After FG, World Bank Loan Restructure
Funding for new classrooms under Nigeria's HOPE education program has dropped by 55.3% following a r...
Written byNGN Market
May 27, 2026·1 min read
Cash Outside Banks Drops N104.76 Billion Post-Rate Cut
Currency held outside Nigeria's banking system decreased by N104.76 billion between February and Apr...
Written byNGN Market
May 27, 2026·1 min read
Access Bank UK Leads FUGAZ Peers with N288.6bn Profit in 2025
Access Bank UK posted N288.6 billion in pre-tax profit for 2025, accounting for over 72% of the comb...
Written byNGN Market
May 27, 2026·1 min read
MTN Nigeria Remits N878.7bn Taxes, NEM Pays N41.46bn Claims
MTN Nigeria's tax remittances surged to N878.7 billion in 2025, while NEM Insurance paid N41.46 bill...
Written byNGN Market
May 26, 2026·1 min read
Signature Bank Profit Soars to ₦3.59bn in 2025
Signature Bank reported a significant jump in profit after tax to ₦3.59 billion in 2025, a substanti...
Written byNGN Market
May 26, 2026·1 min read
Fidelity Bank Q1 Profit Drops 18.25% to N74.47 Billion
Fidelity Bank Plc's profit after tax fell by 18.25% to N74.47 billion in Q1 2026, despite a 37.9% ri...
Written byNGN Market
May 25, 2026·1 min read
Stanbic IBTC Outperforms Wema Bank in Q1 2026 Earnings Race
Stanbic IBTC and Wema Bank both posted strong Q1 2026 results, but their performance narratives and ...
Written byNGN Market
May 24, 2026·1 min read
CBN Aggressively Pulls N3.69 Trillion Liquidity in OMO Auction
The Central Bank of Nigeria conducted a highly aggressive Open Market Operations auction, mopping up...
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Written byNGN Market
May 23, 2026·1 min read
African Capital Markets Urged to Diversify Beyond Oil and Banks
Nigerian Exchange Group Chairman Alhaji Umaru Kwairanga calls for investment in Africa's creative ec...
Written byNGN Market
May 23, 2026·1 min read
Nigeria World Bank Borrower at $18.5B, Ranks Third
Nigeria remains the World Bank's third-largest borrower from the International Development Associati...
Written byNGN Market
May 22, 2026·1 min read
Wema Bank Rating Upgraded to 'A' by Agusto & Co.
Agusto & Co. has upgraded Wema Bank Plc's long-term rating to 'A' from 'A-', citing improved profita...
Written byNGN Market
May 18, 2026·1 min read
CBN's High CRR Drains N2.5 Trillion Annually from Banks
A Chapel Hill Denham report estimates Nigeria's banking sector loses N2.5 trillion yearly due to the...
Written byNGN Market
May 17, 2026·1 min read
CBN CRR Costs Banks N2.5 Trillion in Lost Earnings
A report by Chapel Hill Denham indicates Nigeria's banking sector may be losing trillions annually d...
Written byNGN Market
May 16, 2026·1 min read
Wema Bank Denies Wrongdoing in Gulf Bank Property Sale
Wema Bank clarifies that the sale of Banana Island properties linked to Gulf Bank was lawful and par...
Written byNGN Market
May 15, 2026·1 min read
NDIC Sues Wema Bank Over N125bn Properties, N401m Disputed Payment
The NDIC, as liquidator of Gulf Bank Plc, has filed two suits against Wema Bank seeking recovery of ...
Written byNGN Market
May 12, 2026·1 min read
Dangote Cement, Banks Propel NGX Above 250,000 Points
The Nigerian Exchange (NGX) surged past the 250,000-point mark, driven by strong performances from D...
Written byNGN Market
May 12, 2026·1 min read
Fidelity Bank's 2025 Gross Earnings Jump 45.6% to N1.52 Trillion
Fidelity Bank PLC reported a significant surge in gross earnings for 2025, reaching N1.52 trillion, ...
Written byNGN Market
May 6, 2026·1 min read
Union Bank Wins SME Banking Award for Growth Initiatives
Union Bank of Nigeria has been recognized with the Best SME Growth Banking Initiatives Award (2025) ...
Written byNGN Market

Showing 1–20 of 135 posts

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