Category : Banking


CBN Recapitalisation Deadline Hits: Four Banks Under Pressure

Nigeria's banking sector faces a critical recapitalisation deadline with four banks struggling to comply while the industry has raised over N4 trillion. Experts warn stronger banks don't guarantee economic growth without supporting the real sector.

Dr. Oladele Alabi Elected 24th President of CIBN

The Chartered Institute of Bankers of Nigeria elects Dr. Oladele Alabi as its 24th President, with new officers announced at the 2026 AGM, focusing on financial inclusion and global impact.

FCMB Limits Fraud Exposure: ₦677M Lost, Recovery Underway

First City Monument Bank (FCMB) successfully limited exposure in a sophisticated fraud attempt targeting over ₦3 billion, with only ₦677 million reaching culprits. Recovery efforts and prosecutions are ongoing, highlighting improved bank responses to cybe

Ecobank's Osokpor Wins Media Manager of the Year Award

Austen Osokpor, Head of Marketing and Corporate Communications at Ecobank Nigeria, has been honored as Media Manager of the Year at the Champion Newspapers' 2025 Awards, recognizing his exceptional contributions to media and strategic communication.

Tinubu Targets 10m Nigerians in Financial Inclusion Training

The Presidency has launched registration for a free nationwide programme to train 10 million Nigerians in financial literacy, digital skills, and entrepreneurship, with Vice President Shettima hailing it as a potential global model for economic inclusion.

ABCON Welcomes CBN Diaspora Remittance Reforms

The Association of Bureau De Change Operators of Nigeria praises the Central Bank's directive requiring IMTOs to process remittances in naira, citing improved transparency and market efficiency.

Stanbic IBTC Opens Digital Graduate Trainee Applications

Stanbic IBTC Holdings has opened applications for its intensive Digital Graduate Trainee Programme, targeting young Nigerians with IT backgrounds. Applicants must meet specific academic requirements and technical skills, with applications closing on April

CardinalStone Wins Equity Advisory Awards at DealMakers Africa

CardinalStone Partners Limited has been recognized at the DealMakers Africa Awards, winning Financial Adviser by Transaction Flow (Equity) and placing third in Transaction Value (Equity), highlighting its leadership in African financial advisory services.

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