The Murtala Muhammed Area Command (MMA) of the Nigeria Customs Service (NCS) has reported revenue generation of ₦97.1 billion for the second quarter of 2025, representing...
Ecobank Transnational Incorporated (ETI) has commenced a new capital raise of up to $250 million in Additional Tier 1 (AT1) qualifying instruments through a private placement...
Dangote Industries Limited has confirmed that its 650,000 barrels-per-day refinery, the largest in Africa, will transition to processing exclusively Nigerian crude oil by the end of...
The Central Bank of Nigeria (CBN) has announced a temporary lifting of regulatory caps on the recognition of Additional Tier 1 (AT1) capital in banks’ Capital...
Nigeria’s banking industry is poised for a new wave of consolidation as five major lenders have reportedly met or surpassed the Central Bank of Nigeria’s (CBN)...
The Central Bank of Nigeria (CBN) has directed deposit money banks to submit detailed capital restoration plans by the end of this week as it ends...
Jaiz Bank Plc has confirmed the appointments of Ahmed Mohammed Indimi as Non-Executive Director and Nike Kolawole as Independent Non-Executive Director. In a statement filed with...
Leading Nigerian banks have reinstated international transactions on their naira-denominated debit cards, ending a multi-year suspension that restricted customers from using naira cards for cross-border payments....
Zenith Bank Plc has reaffirmed its position as Nigeria’s top bank by Tier-1 capital for the sixteenth consecutive year, according to the 2025 Top 1000 World...
Guaranty Trust Holding Company Plc (GTCO) has launched a fully marketed equity offering aimed at raising approximately US$100 million as the Group moves to cancel its...
