Banking, Insurance and general financial services news
Sovereign Trust Insurance remits N1.5 billion statutory capital deposit to CBN
Nigeria’s banks lend just 9.4% of GDP to businesses – AfDB
Banks’ retail deposits hit N39.01 trillion despite FinTech onslaught
CBN grants approval to Abbey Mortgage Bank for Commercial Banking
FG: MREIF delivers N128 billion in mortgages to 1,859 Nigerian families
Moniepoint CEO pushes for credit layering on Nigeria’s payment infrastructure
40% of Nigerians use cryptocurrency for international transfers – Report
Top 10 investment apps in Nigeria as of May 2026
See how AfDB’s $6.2 billion Nigeria portfolio is spread across geopolitical zones
Nigeria’s National Payment Stack records 153,000 pilot transactions ahead of rollout
Banks’ non-performing loans ratio rises to 8.03% seven months after CBN forbearance crackdown