Nigeria Banking Sector

Secrecy, Insider Collusion Stall Debt Recovery from Failed Banks, NDIC Agents Say

Abuja, Nigeria – Debt recovery agents working with the Nigeria Deposit Insurance Corporation…

Stanbic IBTC Hints at Potential Delay in March 31 AFS Filing, Cites Regulatory Approvals

Lagos, Nigeria – Stanbic IBTC Holdings Plc has indicated it may experience a…

Sterling HoldCo Confirms Full Recapitalisation of Sterling Bank, AltBank Ahead of CBN Deadline

Lagos, Nigeria – Sterling Financial Holdings Company Plc has confirmed that its banking…

CBN To Imposes N10 Million Fine on Banks Over Unauthorised Cheque Features

Lagos, Nigeria – The Central Bank of Nigeria says it will fine banks…

CBN Reports Increased Credit Access Amid Rising Loan Defaults in Q4 2025

The Central Bank of Nigeria (CBN) has reported improved credit availability across…