CBN Recapitalisation Drive Attracts N4.61tn to Nigerian Banks
Nigerian banks have attracted a total of N4.61 trillion in new capital under the Central Bank of Nigeria’s recapitalisation programme, ...
Read more
Tag: #NigerianBanks
S&P Warns Crude Oil Prices, Naira Volatility Pose Risks to Nigerian Banks in 2026
S&P Global Ratings has identified crude oil prices and naira volatility as key risks to Nigerian bank asset quality in ...
Read more
First HoldCo Profit Plunges 93% to N44.98bn in 2025 on Massive Loan Cleanup
First HoldCo has reported a sharp drop in profitability for the 2025 financial year, posting a full-year profit of N44.98bn, ...
Read more
Otedola Defends ₦748bn Bad Loan Write-Off at First HoldCo, Says It’s a Strategic Clean-Up
Billionaire businessman and Chairman of First HoldCo Plc, the parent company of First Bank of Nigeria, Mr. Femi Otedola, has ...
Read more
CBN Sets New ATM Standards, Orders One ATM per 5,000 Cards by 2028
The Central Bank of Nigeria (CBN) has issued new minimum standards for the deployment, operation, maintenance, and security of Automated ...
Read more
Nigeria’s Banking Recapitalisation Enters Final Stretch as Lenders Split on Strategy
Nigeria’s banking sector is entering the decisive phase of its most ambitious recapitalisation exercise in more than a decade, with ...
Read more
FCMB Secures National Banking Licence After Capital Raise as Recapitalisation Deadline Nears
FCMB Group Plc has secured a national banking licence for its flagship subsidiary, First City Monument Bank, following the completion ...
Read more
No Bank Is Shutting Down: Nigerian Banks Remain Safe and Sound – ACAMB
The Association of Corporate Communication & Marketing Professionals in Banks (ACAMB) has dismissed as false and misleading a viral Instagram ...
Read more
Seven Nigerian Banks Remit N674.68bn in Taxes in H1 2025
Seven of Nigeria’s leading banks collectively paid N674.68bn in taxes to the Federal Government in the first half of 2025, ...
Read more
Eight Banks Surpass CBN’s Recapitalisation Target as MPC Retains Key Policy Rates
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has disclosed that eight deposit money banks have already ...
Read more
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.