News

Five among Nigeria’s top 10 banks reported combined record pre- tax profits of N4.6trn, a 70% in- crease from the previous ...
As digital finance sweeps across the globe, Africa is not being left behind. Currently, African countries are actively ...
The amount paid by top Nigerian banks to these two government institutions has increased by 34% within one year, and now account for 24% of profit before tax.
Mr. Ayo Olowookere is the President, Mortgage Banking Association of Nigeria (MBAN). In this interview with journalists, ...
The World Bank’s Global Findex 2025 has revealed that more adults across developing economies, including Nigeria, saved money formally than ...
The Central Bank of Nigeria has disclosed that bank customers withdrew a total of N923.16bn from bank vaults between May 2024 ...
Credit extended to the private sector by Nigerian commercial banks recorded a marginal decline to N77.82 trillion in May 2025 ...
The payments provider Onafriq has launched a first-of-its-kind cross-border payment service in Ghana through its partnership ...
Lack of access to single-digit financing for farmers in Nigeria remains a significant barrier to farm productivity.
CBN has directed all banks to submit Capital Restoration Plans within 10 working days after each quarter, starting June 2025.
In the opening quarter of 2025, eight leading Nigerian banks collectively set aside N156 billion as impairment charges on their credit and financial ...
Household debt in Nigeria has risen to $38.7 billion at the end of the first quarter of 2025, The latest figure is the ...