Banking & Finance

AG Mortgage Bank appoints Ogbuehi as company secretary

AG Mortgage Bank Plc has appointed Chieduzie Ogbuehi as its substantive company secretary, effective September 24, 2026. The firm stated in a statement on Monday...

World Bank in talks with dozens of countries about crisis aid, Banga says

BANGKOK, Oct 11 (Reuters) - The World Bank is in discussions with 30 to 40 countries about potential crisis aid to help them manage...

Banks withdraw N942bn from CBN facility as liquidity shifts

Nigerian banks withdrew N941.85 billion from the Central Bank of Nigeria’s Standing Deposit Facility in one day, pushing total placements below N4tn amid sharp...

CBN woos Asian capital as Cardoso strengthens partnerships

The Central Bank of Nigeria Governor, Olayemi Cardoso, has stepped up Nigeria’s engagement with Asian financial institutions and investors, seeking stronger capital flows, market...

Access Holdings postpones H1 results again amid CBN approval delays

Access Holdings Plc has obtained another extension from the Nigerian Exchange to release its audited financial statements for the first half of 2026, as...

Greenwich Bank expands, opens three Lagos branches

The Lagos State Government has commended Greenwich Bank Limited for opening its first three commercial banking branches in Lagos, describing the expansion as a...

CBN prepares to mop up N4.69tn as liquidity rises

Liquidity in Nigeria’s banking system climbed sharply to N8.84tn ahead of the settlement of the Central Bank of Nigeria’s latest Open Market Operation bills,...

Polaris Bank MD promises improvement, value delivery

The Managing Director/CEO of Polaris Bank, Kayode Lawal, has pledged continuous service improvement and value delivery to customers as the financial institution prepares to...

Access Bank appoints new executive director for risk management

Access Bank Plc has appointed Ifedayo Olaniyi Orimoloye as Executive Director, Risk Management, following approval by the Central Bank of Nigeria. The appointment, announced by...

UBA strengthens workforce with 374 graduate inductees

Africa’s Global Bank, United Bank for Africa Plc, has graduated and inducted 374 young professionals into its workforce, marking the completion of Cohort 21...

W’ Bank loans drive Tinubu’s social spending agenda

As Nigeria leans more on World Bank financing to support social programmes, the President Bola Tinubu administration aims to ease reform pains, with success...

FCMB posts N177bn profit, pays N23bn dividend

Shareholders of FCMB Group Plc have approved a total dividend payout of N23.08bn for the 2025 financial year following strong profit growth and improved...

W’Bank approves $1.25bn Nigeria loan despite debt concerns

The World Bank has approved a $1.25bn loan for Nigeria under its Nigeria Actions for Investment and Jobs Acceleration programme, despite recent public backlash...

CBN issues fresh guidance on troubled banks’ contract suspensions

The Central Bank of Nigeria has issued interpretative guidance clarifying the practical application of Sections 34(2)(b) and 40(2) of the Banks and Other Financial...

Most Read