Banking

Nigeria’s Capital Importation Drops to $1.13bn in August as Portfolio Inflows Cool

Capital importation reportedly dropped to $1.13bn in August as portfolio inflows cooled despite an uptick in FDI.
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Banking

Budget review shows 20 states spent ₦494bn on debt service and foreign trips in nine months

Punch reports a budget analysis showing 20 states spent about ₦494bn on debt service and foreign travel in the first nine months of 2025.
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Banking

OPay disowns festive ‘cash giveaway’ rumor and urges users to stop sending money to strangers

Punch reports OPay debunked a viral giveaway claim and urged users to avoid transfers to strangers or sharing sensitive details.
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Banking

CBN outlook: bank recapitalisation may keep markets bullish—but concentration risks loom

CBN’s 2026 outlook expects a supportive capital market backdrop from bank recapitalisation, while warning about concentration and investor-fatigue risks.
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Banking

Nigeria bank NPLs jump to about 7% after CBN rolls back COVID-era forbearance

Nigeria’s banking sector NPLs rose to about 7% after the CBN withdrew COVID-era regulatory forbearance, breaching the 5% prudential limit.
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Banking

Listed insurers project N10.59bn combined Q1 profit as NGX forecasts highlight sector momentum

Several listed insurers forecast a combined profit after tax of N10.59bn for Q1 2026, based on filings to the Nigerian Exchange.
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Banking

Wema Bank sets ₦120m prize pool for Hackaholics 6.0 grand finale

Photo Credit: Wema Bank Logo - The Nation 2025-12-14 According to The Nation, Wema Bank has announced a ₦120 million prize pool for the Hackaholics 6.0...
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Banking

FAAC windfall helps states cut bank exposure by over ₦547bn in one year

Punch reports states and LGs cut bank debts by about ₦547.5bn, helped by stronger FAAC inflows.
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Banking

NNPC stays in the black as price war pushes pump price under ₦800

NNPC reported ₦502bn profit for November 2025 as competition in the downstream market drove pump prices below ₦800/litre in parts of Nigeria.
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Banking

Ground-handling mishap dents new Air Peace aircraft, sparking delays and calls for accountability

Air Peace says a ground-handling incident damaged a newly inducted aircraft in Lagos, disrupting flights and renewing calls for stronger ramp-safety accountability.
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