Central Bank of Nigeria (CBN) has identified Nigeria’s real-time payments infrastructure as a strategic national asset, citing its scale, resilience, and role in driving financial inclusion...
Femi Otedola, billionaire chairman of First HoldCo, has reaffirmed his long-term commitment to the group following a recent decline in the bank’s profitability and a drop...
Federation Account Allocation Committee (FAAC) disbursed a total of ₦2.34 trillion in December 2025, sharing revenue generated in November 2025 among the Federal Government, state governments,...
Jaiz Bank Plc closed 2025 with ₦1.29 trillion in assets, ₦31.04 billion in profit, and 69.62 kobo earnings per share, according to the bank’s unaudited financial...
First HoldCo Plc posted a ₦405.89 billion fourth-quarter loss in 2025 as rising impairment charges and higher operating costs erased gains from interest income and fees....
Femi Otedola, chairman of First HoldCo, has explained that the group’s sharp profit decline followed a deliberate decision to fully recognise legacy non-performing loans. He described...
Stanbic IBTC Holdings Plc reported a strong financial performance for the year ended December 31, 2025, following balance sheet expansion, higher interest income, resilient non-interest revenue,...
Zenith Bank Plc has announced that its Board of Directors has approved the Group’s audited consolidated and separate financial statements for the year ended December 31,...
Wema Bank Plc recorded strong deposit growth in 2025 with customer deposits rising by 30.1 percent year-on-year to ₦3.28 trillion, up from ₦2.52 trillion in the...
Wema Bank Plc expanded its balance sheet in 2025 as total assets rose 40.8 percent year-on-year to ₦5.06 trillion from ₦3.59 trillion, driven by stronger liquidity...
