banking sector

CBN Confirms 20 Banks Raise N4.05 Trillion to Meet New Capital Threshold

Abuja, Nigeria – The Central Bank of Nigeria has confirmed that 20…

CBN Tightens Credit-Risk Rules To Safeguard Recapitalisation Funds

The Central Bank of Nigeria is overhauling its credit-risk framework to secure…

GTCO Reports ₦601bn Pre-Tax Profit in H1 2025

Guaranty Trust Holding Company Plc (GTCO) has posted a pre-tax profit of…

Massive N156 Billion Impairment Charges Hit Eight Nigerian Banks in Q1 2025

In the opening quarter of 2025, eight leading Nigerian banks collectively set…

Nigerian Stock Market Slides, Investors Face Losses Amid Delistings and Bearish Sentiment

The Nigerian stock market commenced April on a downturn, reversing the previous…