Osun State Governor Ademola Adeleke has written to the Central Bank of Nigeria regarding its regulatory oversight of LivingTrust Mortgage Bank. This comes as the Court of Appeal in Lagos hears an appeal by CitiTrust Financial Services Limited, accused by
Dangote Sugar Refinery shareholders have approved a N500 billion rights issue to fund expansion and sustainability, with improved financial performance and projects in Taraba, Adamawa, and Nasarawa.
Retirees of the Nigerian Ports Authority plan to shut down seaports nationwide in protest of over 16 years of unpaid pension benefits, citing constitutional violations and economic hardship.
The House of Representatives Committee on Petroleum Resources (Downstream) hails Dangote Refinery's milestone, as Nigeria becomes a net exporter of refined petrol for the first time in March 2026, marking a major boost to the energy sector.
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AccessARM Pensions Limited's Acting CEO, Abimbola Sulaiman, assures the company will meet pension industry recapitalisation requirements early, using internal resources, as discussed at the Pension Conference 2026.
Stanbic IBTC Bank has been confirmed as the platinum sponsor for the Global Trade Review West Africa 2026 conference in Lagos, bringing together over 400 trade finance professionals to discuss regional growth.
Heirs Insurance Group and United Capital Plc collaborate to promote financial wellness among women through initiatives combining education and lifestyle engagement, addressing the gender gap in financial inclusion.
Zedcrest Group, a leading African financial services firm, has strengthened its institutional offerings through strategic acquisitions, expanded product lines, and key leadership appointments to drive growth in asset management and investment banking.
First Bank and Ekiti State government have disbursed N50 million in grants to 300 innovators and entrepreneurs across 16 local government areas to boost startups and economic growth.
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Dangote Group unveils plans to sell a 10% stake in its $20 billion refinery through a Pan-African IPO in 2026, offering dollar-denominated dividends to investors.
Union Bank of Nigeria is pioneering financial inclusion through its Alpher initiative, targeting Nigeria's vast informal economy with tailored products, disbursing over ₦150 million in cash flow loans and reaching previously unbanked entrepreneurs.
Nigerian banks must embed compliance into strategy to meet evolving regulations, reduce risks, and unlock business opportunities in a changing financial landscape.
UBA's Graduate Management Accelerated Programme (GMAP) graduated 720 young professionals from across Africa, focusing on leadership and resilience to combat unemployment and skills mismatch.
The Central Bank of Nigeria, with FMDA, has launched the Nigerian Overnight Financing Rate (NOFR) as a new benchmark to enhance transparency, monetary policy, and market depth.
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The Central Bank of Nigeria has announced that only individuals aged 18 and above can enrol for BVN from May 1, 2026, as part of tighter security measures.
Aliko Dangote plans to list 10% of his refinery, offering US dollar-denominated dividends to attract investors amid currency pressures, as part of a $40bn expansion.
The Nigeria Deposit Insurance Corporation has concluded the permanent liquidation of 89 microfinance and primary mortgage banks. Customers must now deal with new institutions that have taken over operations.
Nearly N30 billion in pension contributions remains uncredited to workers' RSAs due to employer errors and data issues, with Stanbic IBTC Pension Managers holding the largest share.
A Nigerian banker with BSc and Master's degrees reveals enduring 18 years as contract staff in a commercial bank, questioning education value amid job search struggles and systemic frustrations.
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The Nigeria Deposit Insurance Corporation has started the final shutdown process for 89 microfinance and primary mortgage banks, whose licences were revoked by the CBN in 2023. New institutions have taken over under a Purchase and Assumption model, with N
Ecobank Group reports a 21% rise in profit before tax to $801 million for 2025, fueled by strong performances in payments, lending, and trade finance across Africa.
Salimon Oladiti, former PTD National Chairman, is expected to be elected NUPENG President on April 24 in Lagos, marking a historic first for the PTD branch. Outgoing President Williams Akporeha endorsed the transition after his eight-year tenure.
The National Pension Commission and Trade Union Congress have intensified their collaboration to implement pension reforms ensuring income security and dignified retirement for Nigerian workers, with initiatives like health insurance and minimum pension g
The Nigeria Deposit Insurance Corporation has started the final phase of liquidating 89 microfinance and primary mortgage banks, following their licence revocations in 2023, with successor institutions now operational.
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The Central Bank of Nigeria has released draft guidelines for a Mediation and Dispute Resolution Panel to handle disputes between customers and banks, aiming to boost consumer protection and financial system confidence under the STMA Act.
The Central Bank of Nigeria has proposed a mediation panel to handle loan-related disputes under the Secured Transactions in Movable Assets Act, aiming to provide a cost-effective alternative to court proceedings and strengthen the financial ecosystem.
The EFCC has issued strong warnings to Nigerian banks against granting loans without credible collateral, citing risks to depositors' funds and a rise in non-performing loans.
Dr. Asu Kunemofa, Director of Finance at NDDC, receives recognition for strengthening financial governance and transparency, with tributes highlighting her two decades of public service impact.
Despite raising N4.65 trillion in fresh capital, Nigerian banks face constraints from high interest rates and tight monetary policies, limiting their ability to drive economic development through credit expansion.
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NAHCO Plc declares a N12.18 billion cash dividend and 278.44 million bonus shares for 2025, with revenue and profits showing significant growth compared to 2024.
