Section

FINANCIAL SERVICES

Banking, Insurance and general financial services news

Financial Services 1 min
FG inaugurates CREDICORP board after N37bn consumer credit disbursement in 1 year
By Emeka Onyeks
Banking 1 min
Nigerian startup Alerzo begins sale of assets amid N4.38bn Moniepoint debt
By Samson Akintaro
Banking 1 min
NDIC agents: Secrecy, insider collusion stall debt recovery from failed banks
By Israel Ojoko
Banking 1 min
Six banks grow customer deposits to N35 trillion — what’s driving the surge?
By Izuchukwu Okoye

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Exclusives

Meet 10 Chairpersons of the largest insurance companies in Nigeria by market cap

Banking

Stanbic IBTC hints potential delay in March 31 AFS filing, cites reason 

Appointments

NAICOM approves appointment of Ademoye Shobo as Lasaco Assurance MD/CEO

Banking

CBN: 20 banks raise N4.05 trillion to meet capital threshold  

Banking

TAJBank secures A1 credit ratings from Agusto & Co, Datapro

Bank Recapitalization

FCMB nears N500bn recapitalisation approval for international licence

Banking

CBN sterilises N3.57trn in 3-days as banks park surplus cash at SDF 

Banking

Banks have cleared nearly N300bn USSD debt, ALTON confirms

Banking

Federal Mortgage Bank targets N750bn recapitalisation to boost housing finance

Financial Services

Unity, Providus Bank merger in progress, awaits final court sanction