Section

FINANCIAL SERVICES

Banking, Insurance and general financial services news

Bank Recapitalization 1 min
Recapitalisation: Banks raise N4.61 trillion fresh capital, 27% from foreign investors – CBN 
By Tobi Tunji
Banking 1 min
CBN orders IMTOs to open naira settlement accounts with Nigerian banks
By Tobi Tunji
Appointments 1 min
Zenith Bank appoints Kennedy Onuwa Okwudili as Executive Director
By Izuchukwu Okoye
Banking 1 min
Nigeria’s banking system liquidity peaks at N8.06 trillion on CBN’s deposit window 
By Kelechi Mgboji

More Stories

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

Banking

CBN mandates one ATM per 7,500 payment cards by 2028 

Banking

CBN revises dormant account guidelines, drops affidavit requirement

Banking

CBN sets N20,000 transaction limit for new mobile banking app activations

Banking

CBN tightens BVN rules, introduces fraud watchlist for banking customers

Banking

CBN says banks may raise additional capital after stress tests