Nigeria’s Biggest Listed Companies Owe ₦6.25 Trillion as Bank Loans Dominate Borrowing
Nigeria’s largest listed companies had a combined debt of ₦6.25 trillion as of June 2026, with bank loans and other ...
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Tag: #BankingSector
Three Major Banks Settle Aircraft Import Duties Amid Customs Crackdown
At least three major Nigerian banks have settled outstanding import duties on aircraft in their possession as the Federal Government ...
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NDIC Strengthens Procurement Capacity to Boost Transparency and Efficiency
The Nigeria Deposit Insurance Corporation (NDIC) has strengthened its procurement capacity as part of efforts to improve efficiency, transparency and ...
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CBN Injects N5.21 Trillion Into Banking System Ahead of N700 Billion Treasury Bills Auction
The Central Bank of Nigeria (CBN) injected a net N5.21 trillion into the banking system between August 4 and August ...
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Nigerian Banks Expand Corporate Lending as Loan Defaults Decline in Q2 2026 – CBN
Demand for corporate and secured loans increased in the second quarter of 2026 as Nigerian banks expanded credit supply and ...
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FirstHoldCo Becomes First Nigerian Banking Group to Hit N6 Trillion Market Value
FirstHoldCo Plc has become the first Nigerian banking group to surpass the N6 trillion market capitalisation threshold, following a strong ...
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Providus bank, Unity Bank Complete Merger, Begin Operations as ProvidusUnity Bank
Providus Bank and Unity Bank have completed their business combination and will begin operations as a single unified institution under ...
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CBN Orders Banks to Freeze Accounts Linked to Terrorism Financing Suspects
The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to immediately freeze all accounts, transactions, and ...
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Jaiz Bank Awaits CBN Approval for Collateral-Free SME Loans, Plans N150bn Capital Raise
Jaiz Bank Plc has disclosed that it is awaiting approval from the Central Bank of Nigeria (CBN) to introduce new ...
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Cash Outside Banks Hits N5.19tn as Nigeria’s Cash Economy Defies Digital Push
Cash held outside Nigeria’s banking system rose to N5.19 trillion in May 2026, despite ongoing efforts by the Central Bank ...
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Business 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.