Section

FINANCIAL SERVICES

Banking, Insurance and general financial services news

Insurance 1 min
Guinea Insurance secures SEC’s approval for N5.8 billion Rights Issue
By Israel Ojoko
Banking 1 min
Kidnap ransoms now flowing through Nigerian banks – Security expert
By Israel Ojoko
Banking 1 min
Banking system liquidity holds above N8 trillion despite N2.4 trillion OMO mop-up 
By Kelechi Mgboji
Banking 1 min
CBN to review court judgment, insists Union Bank status unchanged 
By Tobi Tunji

More Stories

Banking

Court reverses Union Bank’s board sack by CBN, restores core shareholders

Bank Recapitalization

Recapitalisation: Banks raise N4.61 trillion fresh capital, 27% from foreign investors – CBN 

Banking

CBN orders IMTOs to open naira settlement accounts with Nigerian banks

Appointments

Zenith Bank appoints Kennedy Onuwa Okwudili as Executive Director

Banking

Nigeria’s banking system liquidity peaks at N8.06 trillion on CBN’s deposit window 

Bank Recapitalization

Providus Bank meets CBN recapitalization requirement with N65bn capital base

Companies

Mastercard to acquire BVNK in $1.8bn stablecoin payments deal

Financial Services

Sovereign Trust reports 2025 claims of N6.05 billion in FY2025

Financial Services

AfDB backs Nigeria, West Africa tax reforms with $5.5m grant

Companies

NEM Insurance targets N19.7 billion H1 profit as oil and gas estimates outpace motor