banking sector
Access Bank Bidvest Bank Acquisition Collapses After Deadline Expires
Access Holdings Plc has confirmed that its banking subsidiary Access Bank Plc was unable to complete its proposed acquisition of a 100 per...
World Bank Cuts Planned Grant to CBN from $10.5m to $6.8m Ahead of March Board Review
The World Bank has reduced the size of a planned grant to the Central Bank of Nigeria from 10.5 million dollars to 6.8...
Rising Loan Defaults Push Banks’ Bad Loans to ₦21.2 Trillion Amid Economic Strain
Nigeria’s banking sector is grappling with a surge in loan defaults as harsh economic conditions continue to weigh on households and businesses, pushing...
LG Crisis: Osun Court Grants UBA Leave to Quash Case, ALGA Hails Ruling
An Osun State High Court sitting in Osogbo has granted leave to the United Bank for Africa (UBA) to quash criminal proceedings instituted...
FG Borrowing Crowds Out Private Sector as Government Credit Jumps N9.19tn in 2025
The Federal Government’s domestic borrowing from the financial system rose sharply in 2025 despite elevated interest rates, significantly widening the gap between public...
NDIC, EFCC Strengthen Partnership to Tackle Bank Failures and Recover Assets
The Nigeria Deposit Insurance Corporation (NDIC) and the Economic and Financial Crimes Commission (EFCC) have agreed to deepen collaboration aimed at strengthening the...
CBN Sets New Minimum Standards for ATM Deployment and Operations
The Central Bank of Nigeria (CBN) has introduced new minimum standards for the deployment, operations, maintenance, and security of Automated Teller Machines (ATMs)...
AMCON Cash Recoveries Rise Nearly 28% to N66.12bn in H1 2025
The Asset Management Corporation of Nigeria (AMCON) recorded a significant improvement in its recovery performance in the first half of 2025, as cash...
Cambodia Banking Sector Sees Modest Lending Growth and Strong Deposit Surge After 2025
Cambodia’s banking sector has recorded modest growth in lending alongside a notable surge in deposits following 2025, according to recent industry reports and...
Consumer Goods, Banking Stocks Drive Opportunities in Nigerian Capital Market – Fisayo-Kolawole
Consumer goods and banking stocks have been identified as key drivers of investment opportunities in the Nigerian capital market, according to Laura Fisayo-Kolawole,...
