A comprehensive analysis reveals Nigerian accountants earn ₦2.5 million annually on average, dramatically lower than London's $57,493 and Toronto's $93,542. The report examines salary ranges, qualifications, and cost of living across all three locations.
Anthonia Nnaebue has been appointed Managing Director of Cooperative Mortgage Bank, focusing on affordable housing, digital innovation, and inclusive banking across Nigeria.
DataPro, a Nigerian rating agency, urges banks to conduct portfolio analysis and prepare data to comply with the CBN's new stress-test directive aimed at enhancing financial resilience.
The Central Bank of Nigeria announced that 33 banks have successfully raised N4.65 trillion to meet new capital requirements, boosting sector resilience, though concerns persist over credit access for small businesses.
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Nigerian banks will shut branches nationwide for two days during Easter holidays as declared by the Federal Government. Customers are advised to use digital platforms for transactions during this period.
The Central Bank of Nigeria has successfully concluded its two-year banking sector recapitalisation programme, raising ₦4.65 trillion with Nigerian investors providing 72.55% of the funds. Governor Olayemi Cardoso announced that 33 banks have met the new
Nigeria's National Pension Commission has removed age restrictions, allowing students and infants to participate in the Personal Pension Plan to encourage early retirement savings.
Afreximbank has underwritten $2.5 billion in a $4 billion syndicated loan for Dangote Petroleum Refinery, enhancing financial stability and supporting Africa's energy security and industrial growth.
The Central Bank of Nigeria has directed all deposit money banks to conduct comprehensive stress tests starting April 1, 2026, with reports due by April 30. This marks a shift from capital size to risk-based resilience assessment.
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Zenith Bank Plc has introduced the Visa Signature Card in partnership with Visa, targeting high-income customers with global access, travel benefits, and enhanced security features.
A Federal High Court in Lagos has frozen assets worth N448.3 million belonging to five defendants in a debt recovery case filed by Keystone Bank over an alleged unpaid overdraft facility.
Guaranty Trust Holding Company Plc announced a profit before tax of N1.23 trillion for 2025, with a dividend of N12.76k per share, highlighting robust financial metrics and growth in core operations.
FCMB Capital Markets Limited raised N1.53 trillion in corporate debt capital through bond listings and commercial paper on FMDQ Securities Exchange in 2025, securing first place on the exchange's Fixed Income Primary Markets Sponsors' League Table.
African Export-Import Bank concludes a $2 billion three-year dual tranche syndicated loan facility, oversubscribed to $2.36 billion, with proceeds for refinancing and corporate use.
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Zedcrest Group has appointed Simbiat Bada as Managing Director of its stockbroking arm, following its acquisition of RMB Nigeria Stockbrokers. The move aims to deepen market capabilities and enhance client-focused financial solutions.
DataPro advises Nigerian banks to start portfolio analysis and data preparation for the CBN's stress test directive, effective April 1, 2026, to ensure resilience under new risk-based capital rules.
DataPro's executive director Oladele Adeoye emphasized the need for journalists to master AI tools and data interpretation to maintain credibility in financial reporting during a virtual media training session.
A man shares his distressing experience as a contract staff in Nigeria's banking sector, highlighting overwork, lack of benefits, and poor treatment, contrasting it with better conditions abroad.
Zedcrest Capital has appointed Bada as Managing Director of its stockbroking division, two years after acquiring RMB Stockbrokers, marking a strategic leadership move in Nigeria's financial sector.
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Nigerian billionaire Abdulsamad Rabiu's net worth surged by $2.2 billion in March 2026, outpacing Aliko Dangote's gains, driven by strong performance of BUA Cement and BUA Foods shares on the NGX.
Explore the rich history of Nigeria's currency, tracing its journey from pre-colonial barter systems to the introduction of the naira in 1973, including key changes and milestones.
Foreign capital inflows into Nigeria's banking sector surged by 93.25% to $13.53 billion in 2025, with Standard Chartered Bank Nigeria Limited and Stanbic IBTC Bank Plc leading the charge.
The Central Bank of Nigeria reaffirms its commitment to providing clean currency notes and implementing monetary reforms to stabilize the economy, as highlighted at the Enugu Trade Fair.
The Central Bank of Nigeria has officially reaffirmed Dr. Kamaldeen Adekilekun as the substantive Chairman of LivingTrust Mortgage Bank Plc, ending recent leadership uncertainty and upholding regulatory governance standards.
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Foreign capital inflows into Nigeria's banking sector surged to $13.53 billion in 2025, a 93.25% increase from 2024, driven by recapitalization efforts ahead of CBN deadlines.
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.
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.
Stakeholders at the APWB Annual Women's Marquee Event call for inclusive financial systems, innovation, and gender equity, emphasizing women's role in shaping finance.
The Bank of Industry has obtained a €50 million facility from the European Investment Bank to finance Nigeria's healthcare and pharmaceutical businesses, supporting local manufacturing and supply chains.
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The Centre for the Promotion of Private Enterprise warns that Nigeria's banking sector remains weakly linked to the productive economy despite successful recapitalisation, urging reforms to boost credit flow to SMEs and key sectors.
