Section

FINANCIAL SERVICES

Banking, Insurance and general financial services news

Financial Services 1 min
Nigeria’s Banks place N7 trillion excess cash on CBN’s deposit facility
By Kelechi Mgboji
Financial Services 1 min
Meet the women shaping Nigeria’s insurance industry  
By Rosalia Ozibo
Bank Recapitalization 1 min
Parallex Bank completes recapitalisation, surpasses N50 billion threshold
By Israel Ojoko
Banking 1 min
CBN cracks down on money laundering with new rules 
By Tobi Tunji

More Stories

Banking

Sterling Bank system glitch: Court orders final forfeiture of stolen N81.1 million

Appointments

Jaiz Bank names Omolara Ismail Executive Director to drive retail growth

Bank Recapitalization

FCMB meets CBN capital requirement after completing N500bn recapitalisation

Health

Health insurance coverage in Nigeria rises to 21.7m in 2025- Report 

Bank Recapitalization

CBN: 30 banks meet recapitalisation threshold as verification continues

Companies

Meristem launches Meritrade 2.0 to boost Nigeria’s capital market participation

Equities

Linkage Assurance gets SEC approval for N16.26 billion rights issue

Banking

FCMB Group signals possible delay in publishing 2025 audited performance

Insurance

NAICOM, BPP sign MoU to standardise insurance bond issuance

Financial Services

BPP directs insurance companies to reject cover for non-locally assembled govt vehicles