Finance
33 Nigerian Banks Meet New Capital Thresholds, Raising N4.65tn Under CBN Recapitalisation
The Central Bank of Nigeria (CBN) on Wednesday announced that 33 banks have met the new minimum capital requirements under...
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FGN Bond Auction in March 2026 Oversubscribed by 4.28% Despite Lower Allotments
The Federal Government of Nigeria (FGN) bond auction in March 2026 recorded robust investor demand, with bids exceeding supply by...
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GTCO Declares N12.76 Total Dividend, Marks 59% Growth Despite Profit Dip
Guaranty Trust Holding Company Plc (GTCO) has announced an interim dividend of N11.76 kobo per 50 kobo ordinary share, reflecting...
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Sterling Bank Marks One Year of Zero Transfer Fees, Returns ₦1.6 Billion to Customers
Sterling Bank is celebrating the first anniversary of its Zero Transfer Fees policy, which has returned over ₦1.6 billion directly...
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CBN Orders Banks to Complete Cybersecurity Self-Assessment Within Three Weeks
The Central Bank of Nigeria has directed banks to complete a mandatory cybersecurity self-assessment within three weeks as part of...
Read moreDataPro Urges Banks to Fast-Track Stress Tests Ahead of CBN Risk-Based Capital Directive
DataPro, a technology-driven rating agency, has urged Nigerian banks to immediately begin portfolio reviews and intensify data gathering in preparation...
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Zenith Bank Launches Visa Signature Card for Premium Customers
Zenith Bank Plc has launched the Visa Signature Card in partnership with Visa Inc., in a move aimed at redefining...
Read moreCBN Reaffirms Dr Kamaldeen Adekilekun as Chairman of LivingTrust Mortgage Bank
The Central Bank of Nigeria (CBN) has reaffirmed Dr Kamaldeen Adekilekun as the substantive Chairman of LivingTrust Mortgage Bank Plc,...
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DMO Raises N520.67bn as Investor Demand for Treasury Bills Hits N2.89tn
The Debt Management Office (DMO) has exceeded its initial offer at the latest Nigerian Treasury Bills (NTB) primary market auction,...
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CBN Responds to Court Judgment on Union Bank, Reaffirms Commitment to Financial Stability
The Central Bank of Nigeria (CBN) has acknowledged the judgment delivered by the Federal High Court in Lagos on Wednesday,...
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