Business
FCMB Strengthens Capital Base with Listing of 3.16 Billion Additional Shares on NGX
FCMB Group Plc has listed 3.16 billion additional shares on NGX, boosting its market capitalization by N33.09 billion
30 September 2025
Banking
Business
UBA Posts N388.4 Billion Pre-Tax Profit in H1 2025
UBA reports N388.4 billion pre-tax profit in H1 2025, down 3.28% YoY, driven by strong interest income but pressured by rising costs
19 September 2025
Business
Six Banks Meet CBN’s Recapitalization Deadline Ahead of 2026
Six banks Access, Zenith, GTBank, Wema, Stanbic IBTC, and Jaiz have met the CBN’s new recapitalization requirements ahead of march 2026 deadline
15 September 2025
Business
NSACC Applauds Stanbic IBTC Bank for Strengthening Nigeria–South Africa Economic Ties
Nigeria-South Africa Chamber of Commerce (NSACC) has commended Stanbic IBTC Bank for its pivotal role in strengthening trade and investment
9 September 2025
Business
FCMB Backs $150m Louisville Tower In Eko Atlantic City
FCMB and TotalEnergies Cooperative are partnering to deliver Louisville Phase 1, a $150m sustainable mixed-use residential tower in Eko Atlantic City, Lagos.
21 July 2025
Business
Stanbic IBTC Shares Jump 17% in July
Stanbic IBTC shares jump 17% in July, crossing 71% year-to-date return. Strong Q1 results and a new China Development Bank deal boost investor confidence.
18 July 2025
Business
Sterling Bank to Raise $400 Million to Boost Growth and Market Competitiveness
Sterling Bank Plc to raise $400 million through debt and equity instruments to expand its balance sheet, boost growth, and strengthen market competitiveness.
16 July 2025
Business
Nigerian Banks Resume Naira Card Use for International Transactions as FX Liquidity Improves
Nigerian banks like GTBank, First Bank, UBA, Providus, and Wema Bank have lifted restrictions on naira card use abroad, setting new spending limits
7 July 2025
Business
Banks Clear 95% of USSD Debt as Nigeria Moves to End-User Billing
Banks clear 95% of ₦180bn USSD debt, allowing telecoms to implement end-user billing. Customers will now pay USSD charges via airtime
20 June 2025
Business
Access, Zenith, First Bank May Halt Dividends Until 2028 — Report
Access Holdings, Zenith Bank, and First Bank may halt dividend payments until 2028, following a CBN directive aimed at strengthening capital
17 June 2025
Top Stories
