banking sector
Nigeria Economy Shows Mixed Signals as Markets Rise and Policy Reforms Intensify
Nigeria economic landscape continues to show mixed signals as recent developments across monetary policy foreign exchange markets capital markets and fiscal regulation point...
Fidelity Bank Reports 45 Percent Earnings Growth, Surpasses N1 Trillion Shareholders’ Funds
Fidelity Bank Plc has reported a 45 percent increase in gross earnings for the 2025 financial year, alongside a major milestone as its...
UBA Sustains Growth as Assets Cross N33 Trillion Despite Profit Dip
United Bank for Africa Plc has continued its growth momentum into 2026, with total assets surpassing N33 trillion, reinforcing its position as one...
Dele Oye Criticises Government Role in Business, Urges Private Sector Driven Growth
The Chairman of the Alliance for Economic Research and Ethics, Dele Oye, has strongly criticised the Federal Government’s continued involvement in commercial ventures,...
Nigeria’s Net Domestic Assets Rise to N94.7 Trillion Amid Economic Pressures
Nigeria’s Net Domestic Assets increased significantly by 21.2 percent year on year to N94.742 trillion in February 2026, up from N78.177 trillion recorded...
CBN Removes Cash Pool Rule for Oil Companies to Boost Forex Market
The Central Bank of Nigeria has officially removed the cash pool requirement previously imposed on export proceeds of International Oil Companies, marking a...
China Announces Forty Four Billion Dollar Capital Injection Into State Banks to Support Economic Steadiness
Chinese authorities have unveiled a major financial initiative aimed at strengthening the country’s banking system and reinforcing confidence in the broader economy. The...
Nigerian Equities Market Hits Record Highs as Oil Prices Boost Investor Confidence
The Nigerian equities market continued its bullish momentum last week, posting its highest week-on-week gain of the year as investor demand across key...
CBN Imposes N10 Million Fine on Banks Using Unaccredited Cheque Printers
The Central Bank of Nigeria (CBN) has announced a N10 million fine and withdrawal of cheques for commercial banks engaging unaccredited cheque printers...
NDIC Reassures Nigerians on Bank Deposits, Urges BVN Linkage for Quick Access
Kaduna — The Nigeria Deposit Insurance Corporation (NDIC) has assured Nigerians that their bank deposits remain safe, urging all customers to link their...
