Section

FINANCIAL SERVICES

Banking, Insurance and general financial services news

Banking 1 min
Parallex Bank moves to overturn N7.15bn freezing order, cites fair hearing breach
By Emeka Onyeks
Banking 1 min
Commercial and merchant banks’ loans drop to N52.656trn, lowest in 14 months 
By Israel Ojoko
Banking 1 min
CBN reports higher credit, rising loan defaults in Q4 2025 
By Olalekan Adigun
Banking 1 min
Cash remains indispensable despite rise in digital payments – Access Bank GM 
By Israel Ojoko

More Stories

Banking

Microfinance banks’ non-financial assets hit record N358.787 billion

Banking

VAT on banking services not introduced by the new Nigeria Tax Act – NRS clarifies

Banking

Abuja court freezes N7.15 billion linked to Parallex Bank 

Banking

Paystack enters banking with acquisition of Ladder Microfinance Bank 

Banking

Nigerian banking stocks poised for 2026 rally despite recapitalization, tax risks

Equities

Top 10 insurance stocks that delivered massive returns to investors in 2025 

Banking

NDIC declares N24.3 billion second liquidation dividend for Heritage Bank depositors

Appointments

First HoldCo names leadership team for its non-bank subsidiaries 

Economy

CBN’s first OMO auctions in 2026 attract N2.727 trillion subscriptions 

Banking

Loan apps: 521 companies now on FCCPC’s radar as January deadline lapses