Section

FINANCIAL SERVICES

Banking, Insurance and general financial services news

Financial Services 1 min
ABCON says June 3 recapitalization deadline for BDC operators remains unchanged
By Chike Olisah
Financial Services 1 min
Nigerian banks begin deduction of USSD transaction charges from customer airtime  
By Samson Akintaro
Currencies 1 min
CBN’s BDC recapitalization deadline expires today as operators seek urgent extension to save 3 million jobs 
By Israel Ojoko
Corporate deals 1 min
Access Bank completes acquisition of National Bank of Kenya to deepen presence in East Africa 
By Israel Ojoko

More Stories

Financial Services

NDIC begins liquidation dividend payments for Pearl Microfinance Bank depositors and shareholders 

Financial Services

Bank officials to testify as EFCC sues Ex-CBN Governor Emefiele over 753 housing units and N7.8 billion fraud 

Financial Services

Private sector credit rises to N77.9 trillion in April 2025 

Economy

Money supply soars to N119 trillion amid CBN’s rate pause strategy 

Breaking News

Ex-Mauritania’s minister Dr. Sidi Ould Tah elected AfDB president to succeed Akinwumi Adesina 

Appointments

Tinubu establishes Credit Guarantee Company with N100 billion initial capital, appoints board 

Financial Services

Abbey Mortgage Bank to raise N100 billion for shift to regional commercial banking

Financial Services

Court agrees on June 4 arraignment of SunTrust MD over alleged $12 million money laundering case 

Financial Services

Africa’s cross-border payments market to hit $1 trillion by 2035—Report 

Exclusives

Retail Kings; Banks with the largest retail deposits in Nigeria in 2024