First HoldCo Plc has rejected recent reports suggesting that a massive ₦323.4 billion block trade of its shares was connected to a takeover or government-backed acquisition....
First City Monument Bank (FCMB) has extended a $40 million loan facility to finance the Louisville Phase 1 residential development being spearheaded by the TotalEnergies Staff...
FBN Holdings Plc (trading as FirstHoldco) experienced a significant market rally this week, with its stock price surging over 20% in two consecutive sessions amid reports...
United Bank for Africa (UBA) Plc has announced plans to raise over N157 billion through a rights issue, as disclosed in a notification by the Nigerian...
Sterling Bank Plc has unveiled plans to raise up to $400 million in capital through various financing options, including debt instruments and equity offerings. The decision...
Ecobank Nigeria Limited has repaid half of its $300 million Eurobond ahead of the scheduled February 2026 maturity date. The bank confirmed this in a statement,...
Zenith Bank Plc has maintained its position as Nigeria’s number one bank by Tier-1 Capital for the 16th straight year, according to the 2025 edition of...
A significant shift in Nigeria’s financial ecosystem has been unveiled, with new data revealing a sharp decline in Automated Teller Machine (ATM) usage while Point of...
A recent report by Renaissance Capital Africa has revealed that six Nigerian banks collectively hold approximately $3.52 billion in loans under regulatory forbearance. This development follows...
Nigeria’s banking sector is grappling with a severe liquidity crunch following the Central Bank of Nigeria’s imposition of a uniform 50 percent Cash Reserve Ratio (CRR)....