Access Holdings onboards 78,438 MSMEs, disburses N34.2bn to women-owned businesses
ACCESS Holdings Plc onboarded 78,438 micro, small and medium enterprises (MSMEs) onto its financing platforms in 2025, as the financial…
Stanbic IBTC adjusts loan, deposit rates after CBN rate cut
Stanbic IBTC Bank has notified its retail, commercial and corporate customers of changes in interest rates, following the Central Bank…
SG Ghana exit opens fresh expansion window for Ghanaian, Nigerian banks
THE exit of French banking group, Société Générale from Ghana is creating fresh opportunities for indigenous and other African banks…
Structured auto-financing scheme: Piggyvest, Mikano Motors, forge partnership
PIGGYVEST, Africa’s pioneer online savings and investment platform, has partnered with Mikano Motors, a leading Nigerian automobile company, to help…
Banks’ deposit transactions with CBN surpass SLF by N40.43trn
•FX inflow hits $10.02bn Banks’ deposits with the Central Bank of Nigeria (CBN) surged far above their borrowings from the…
Rate cut raises capital-flight risk, but FX buffers offer Nigeria cushion —Analysts
Nigeria’s decisive 350-basis-point cut in its benchmark interest rate has lowered the cost of money and strengthened prospects for credit-led…
MPC faces rate-cut dilemma as inflation falls, global risks rise
The Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) faces a difficult choice when it meets on September 21…
Fitch warns, holding company rules may force Nigerian banks to restructure offshore units
Nigerian banks with foreign subsidiaries may be forced to restructure their African operations if the Central Bank of Nigeria (CBN)…
Blended finance model offers new route for financing specialist healthcare in Africa
A billion-dollar healthcare investment gap across Africa is prompting a closer look at blended finance as a way to make…
FGN bond auction: Falling yields sharpen investor risk as DMO raises N1.6trn
The Federal Government raised N1.6 trillion at its September FGN bond auction as declining yields and a rising share of…
Top Nigerian banks raise international spending limits on naira cards
SEVERAL Nigerian commercial banks, including Guaranty Trust Bank (GTCO), FirstBank, Zenith Bank and Access Bank, have raised the international spending…
Microfinance banks’ credit filings rise 38.4% in Q1
NIGERIA’S microfinance banking sector recorded stronger credit activity in the first quarter of 2026, with financing-statement filings by microfinance banks…
Business confidence rises as firms see lower rates, stronger naira — CBN survey
BUSINESS confidence among Nigerian enterprises strengthened significantly in August, with expectations of a stronger naira and a gradual easing in…
Naira appreciates against dollar as CBN sells $151m to banks
THE naira strengthened against the US dollar, on Friday, after the Central Bank of Nigeria (CBN) sold $151 million to…
Why Nigeria is a leader in Africa’s Payment System —Mike Ogbalu III, PAPSS CEO
Chief Executive Officer of the Pan-African Payment and Settlement System (PAPSS), Mike Ogbalu III, in a media session in Lagos…
Banks offload N4.4trn surplus liquidity into CBN’s SDF
NIGERIAN banks have placed about N4.4 trillion of surplus funds with the Central Bank of Nigeria (CBN) through its Standing…
Union Bank, Brand Chief receive accolades at WIMCA 2026
UNION Bank of Nigeria has been recognised for its leadership in gender inclusion, emerging as Most Outstanding Bank in Gender…
FCMB honoured by ISACA for advancing digital trust
FIRST City Monument Bank (FCMB) has been honoured by the Lagos Chapter of the Information Systems Audit and Control Association…
Nigerian banks lifted by sovereign upgrades as five gatekeepers reprice country risk
A wave of sovereign upgrades and market reclassifications between April 2025 and August 2026 has begun to ease the ceiling…
World’s top 10 bond markets near $100trn
•Nigeria raises N7.62trn in eight months THE world’s 10 largest government bond markets are closing in on a historic $100…
