Banking, Insurance and general financial services news
Afreximbank terminates credit rating relationship with Fitch Ratings
FCCPC begins enforcement on unregistered loan apps, revokes conditional approvals
Nigeria Insurance companies’ total assets hit record N4.619 trillion
Parallex Bank moves to overturn N7.15bn freezing order, cites fair hearing breach
Commercial and merchant banks’ loans drop to N52.656trn, lowest in 14 months
CBN reports higher credit, rising loan defaults in Q4 2025
Cash remains indispensable despite rise in digital payments – Access Bank GM
Microfinance banks’ non-financial assets hit record N358.787 billion
VAT on banking services not introduced by the new Nigeria Tax Act – NRS clarifies
Abuja court freezes N7.15 billion linked to Parallex Bank
Paystack enters banking with acquisition of Ladder Microfinance Bank