Wealth Explosion: NGX Investors Pocket N8.6 Trillion in Five Days
The Nigerian Exchange Limited (NGX) demonstrated remarkable resilience and growth during the past week, as investors realized a massive N8.661 ...
Tag: Banking Sector
CBN OMO Sales Bolster Naira Amid Persistent Reserves Pressure
The Nigerian Naira strengthened by 1.76 percent over the last four trading days, closing at N1,356.89 per dollar, supported by ...
Wema Bank’s Profit Surges 116% to N221.85bn on Core Income Growth
Wema Bank Plc has reported a profit before tax of N221.85 billion for the 2025 financial year, representing a 116 ...
Nigeria’s Banking Sector Sees Record $13.53 Billion Foreign Inflows in 2025
Nigeria's banking sector has witnessed a significant surge in foreign capital inflows, rising to $13.53 billion in 2025, marking a ...
Nigeria’s Capital Importation Hits $6.4bn in Q4
Nigeria’s total capital importation reached $6,443.48 million in the fourth quarter (Q4) of 2025, according to the latest report from ...
Zenith Bank Claims N100 Heavyweight Status Following Manchester Expansion
Zenith Bank officially inaugurated its Manchester branch on March 17, 2026, marking a decisive shift in the competitive landscape of ...
Cyber-AI Nexus Reshapes Banking Risk Calculus as Nigerian Financial Sector Confronts New Threat Vectors
The Nigerian banking industry's strategic pivot toward enhanced risk management frameworks, prompted by the convergence of sophisticated cyber threats and ...
CBN Expected to Float Fresh OMO Auctions
The Central Bank of Nigeria (CBN) is expected to conduct fresh Open Market Operations (OMO) auctions this week as banks ...
Investors Told to Look Beyond Compliance as Bank Recapitalisation Deadline Nears
As the March 31, 2026, deadline for Nigerian banks to meet new capital requirements draws closer, analysts say investors should ...
Counter-Terrorism Sanctions Intensify Pressure on Nigeria’s Financial Integrity
The United States government has expanded its enforcement of anti-terrorism sanctions against the Nigerian-based jihadist groups Boko Haram and Ansaru, ...
