Stanbic IBTC Approves N804.5m Directors’ Remuneration for 2026
Shareholders of Stanbic IBTC Holdings Plc have approved directors’ remuneration of N804.5 million for the financial year ending 31 December ...
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Tag: #BankingSector
First HoldCo Shareholders Approve N253bn Capital Raise to Hit N1tn Target
Shareholders of First HoldCo Plc have approved a capital raise of up to N253.099 billion as the group intensifies efforts ...
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NDIC Reaffirms Commitment to Strengthening Deposit Insurance Funds
The Nigeria Deposit Insurance Corporation (NDIC) has reaffirmed its commitment to strengthening its Deposit Insurance Funds as part of efforts ...
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CBN Mops Up Record ₦3.69tn in Aggressive OMO Auction to Tighten Liquidity
The Central Bank of Nigeria (CBN) conducted one of its most aggressive Open Market Operations auctions on May 21, 2026, ...
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Banks Cite High Risks, Weak Infrastructure For Low Agric Lending
Commercial banks have identified high risks, weak infrastructure and market uncertainties as major reasons limiting lending to Nigeria’s agricultural sector. ...
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Agusto & Co Upgrades Wema Bank Rating to ‘A’ on Strong Profit Growth and Capital Strength
Agusto & Co. has upgraded the long-term rating of Wema Bank Plc to ‘A’ from ‘A-’, while affirming its short-term ...
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CBN, Banks Review Excessive Transaction Alerts and Customer Charges
The Central Bank of Nigeria (CBN) and deposit money banks are reviewing excessive transaction alerts and customer charges following growing ...
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FirstBank Appoints Chinwe Egwim as Chief Economist
FirstBank Group has appointed Chinwe Egwim as its Chief Economist, a move aimed at strengthening the institution’s macroeconomic capability and ...
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Wema Bank Targets Tier-One Status as Profit Jumps to N221.9bn
Wema Bank’s Managing Director, Moruf Oseni, has reaffirmed the lender’s ambition to join Nigeria’s tier-one banking league in the near ...
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Sterling Financial Holdings Seeks Shareholder Approval to Raise $400m Capital
Sterling Financial Holdings Company Plc will seek shareholder approval to raise up to $400 million in fresh capital at its ...
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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.