Section

FINANCIAL SERVICES

Banking, Insurance and general financial services news

Bank Recapitalization 1 min
Providus Bank meets CBN recapitalization requirement with N65bn capital base
By Samson Akintaro
Companies 1 min
Mastercard to acquire BVNK in $1.8bn stablecoin payments deal
By Samson Akintaro
Financial Services 1 min
Sovereign Trust reports 2025 claims of N6.05 billion in FY2025
By Izuchukwu Okoye
Financial Services 1 min
AfDB backs Nigeria, West Africa tax reforms with $5.5m grant
By Kelechi Mgboji

More Stories

Companies

NEM Insurance targets N19.7 billion H1 profit as oil and gas estimates outpace motor

Banking

CBN mandates one ATM per 7,500 payment cards by 2028 

Banking

CBN revises dormant account guidelines, drops affidavit requirement

Banking

CBN sets N20,000 transaction limit for new mobile banking app activations

Banking

CBN tightens BVN rules, introduces fraud watchlist for banking customers

Banking

CBN says banks may raise additional capital after stress tests

Banking

CBN to restrict banking services to all non-performing bank debtors

Financial Services

Nigeria’s Banks place N7 trillion excess cash on CBN’s deposit facility

Financial Services

Meet the women shaping Nigeria’s insurance industry  

Bank Recapitalization

Parallex Bank completes recapitalisation, surpasses N50 billion threshold