Banking

Nine of the country's largest banking institutions collectively earned N4.115 trillion in profit after tax during the first three quarters...

In the first half of 2025, five major Nigerian banks—Zenith Bank, Guaranty Trust Holding Company (GTCO), Stanbic IBTC, United Bank...

In Nigeria, the cost of Point-of-Sale (PoS) terminals has skyrocketed between 2023 and 2025, with price hikes ranging from 30%...

Billionaire investor and Chairman of United Bank for Africa (UBA), Tony Elumelu, is set to earn N1.68 billion in dividends...

As the Central Bank of Nigeria (CBN) sets an October 31, 2025, deadline for mandatory geo-tagging of all Point-of-Sale (PoS)...

The Nigerian naira experienced a slight decline in value on September 23, 2025, closing at N1,493.2 per US dollar in...

The Central Bank of Nigeria (CBN) announced that 14 commercial banks have successfully met the new capital requirements set during...

The Central Bank of Nigeria (CBN) has introduced a new directive requiring Domestic Systemically Important Banks (DSIBs) to plan the...

On September 5, 2025, the Central Bank of Nigeria (CBN) unveiled its newly formed Compliance Department, a pivotal move to...

Nigeria’s digital lending sector is facing uncertainty following the Federal Competition and Consumer Protection Commission’s (FCCPC) new regulations aimed at...