Section

FINANCIAL SERVICES

Banking, Insurance and general financial services news

Financial Services 1 min
Flutterwave partners Tempo blockchain to power stablecoin settlements across Africa 
By Samuel Daniel
Insurance 1 min
NAICOM advances transition to risk-based supervision, appoints EY Consulting Actuary 
By Israel Ojoko
Banking 1 min
Development Bank of Nigeria disburses over N1 trillion to MSMEs  
By Emmanuel Azubuike
Banking 1 min
Nigeria’s banks lend just 9.4% of GDP to businesses – AfDB
By Tobi Tunji

More Stories

Banking

Banks’ retail deposits hit N39.01 trillion despite FinTech onslaught

Banking

CBN grants approval to Abbey Mortgage Bank for Commercial Banking

Financial Services

FG: MREIF delivers N128 billion in mortgages to 1,859 Nigerian families 

Financial Services

Moniepoint CEO pushes for credit layering on Nigeria’s payment infrastructure

Cryptos

40% of Nigerians use cryptocurrency for international transfers – Report

Financial Services

Top 10 investment apps in Nigeria as of May 2026

Banking

See how AfDB’s $6.2 billion Nigeria portfolio is spread across geopolitical zones

Financial Services

Nigeria’s National Payment Stack records 153,000 pilot transactions ahead of rollout 

Banking

Banks’ non-performing loans ratio rises to 8.03% seven months after CBN forbearance crackdown

Bank Recapitalization

Supreme Court sanctions Unity Bank and Providus Bank merger