Section

FINANCIAL SERVICES

Banking, Insurance and general financial services news

Economy 1 min
IMTO inflows surge by 45% to $4.76 billion in 2024 amid CBN reforms 
By Tobi Tunji
Bank Recapitalization 1 min
Wema Bank to raise N50 billion via private placement as it moves to meet CBN’s recapitalization target 
By Israel Ojoko
Financial Services 1 min
Nigeria set to contribute $100 million to ECOWAS Bank to boost regional development 
By Samson Akintaro
Appointments 1 min
Regional Maritime Development Bank begins operations in Nigeria, Adeniran Aderogba appointed first President/CEO 
By Israel Ojoko

More Stories

Bank Recapitalization

FirstHoldCo nears N500 billion capitalization goal, promises higher dividend for shareholders in 2025 

Appointments

Finance Minister Wale Edun inaugurates new AMCON Board to drive financial sector reform 

Financial Services

UBA, Access Bank among Nigeria’s strongest brands in 2025 –  Report 

Circulars

Banks face 12-month deadline as CBN unveils AI-driven anti-money laundering standards 

Financial Services

Premium Trust Bank e-payment manager arraigned over alleged cybercrime and server hack in Lagos 

Financial Services

P&ID $11 billion case reversal one of CBN’s greatest legal wins – Kofo Salam-Alada

Financial Services

NIPOST moves into financial services with IMTO, Super Agent licenses, as revenue surpasses N10 billion

Financial Services

CBN dismisses panic reports, affirms banking sector remains safe and stable 

Breaking News

Fidelity Bank clarifies court judgement, describes media reports as false, unlawful

Exclusives

See the 10 largest banks in Nigeria by total assets- Q1 2025