Tag: Banking Sector

Nigeria’s banking sector is facing growing pressure as the ratio of bad loans increased to 8.03 per cent in January ...

Nigerian banks increased their exposure to government debt by N15.66 trillion over the past year, underscoring the federal government's growing ...

Nigeria’s money market witnessed a major increase in liquidity last week, with available funds in the banking system rising to ...

The Central Bank of Nigeria (CBN) has postponed the enforcement of its mandatory geo-fencing policy for Point-of-Sale (PoS) terminals, giving ...

Nigeria recorded a decline in the amount of cash held outside the banking system between February and April 2026 after ...

Nigeria’s biggest banks continued to strengthen their international presence in 2025, as four major FUGAZ banks generated a combined pre-tax ...

Nigeria’s banking industry is witnessing another wave of strong financial growth as major lenders continue to report higher profits, increased ...

Nigeria experienced a major rise in foreign capital inflows in January 2026, as international investors increased their interest in the ...

Fidelity Bank Plc reported a 38% increase in first-quarter revenue, underscoring the resilience of Nigeria’s banking sector despite persistent macroeconomic ...

Wema Bank is positioning itself for a more prominent role in Nigeria's highly competitive financial sector as the lender explores ...