Finance

The Federal High Court upheld the appointment of a receiver-manager in the bank’s effort to recover outstanding obligations from Stallion...

The corporation plans to pay final liquidation dividends to eligible depositors, creditors and shareholders following recoveries from the defunct bank.

Nigerian lenders retain substantial surplus funds at the apex bank as liquidity conditions shift following the repayment of maturing securities.

Rating action reflects a more favourable assessment of Nigeria’s banking environment as lenders balance expansion, capital strength and asset quality.

Lender restored its capital adequacy ratio to 16.7 per cent by June 2026, but credit quality and profitability remain key...

The rating action offers a more favourable assessment of the lender’s operating environment, while earnings pressures highlight the need for...

Rating agency retains the bank’s ‘B’ rating as attention turns to capital management, foreign subsidiaries and the sustainability of growth.

Corporation reports more than ₦54.23 billion in insured-deposit payments and ₦71.27 billion in declared liquidation dividends.

First Bank of Nigeria restored its capital adequacy ratio to 16.7 per cent by June 2026 after falling below the...

Rating outlook adjustment puts renewed focus on the bank’s regional operations, asset quality and capacity to sustain growth across African...