
Why Nigerian Banks Are Highly Profitable Despite a Shrinking Economy
Nigerian banks have defied economic odds to post extraordinary profits for 2024, with Zenith Bank reporting a profit after tax

Nigerian banks have defied economic odds to post extraordinary profits for 2024, with Zenith Bank reporting a profit after tax

Sterling Bank has eliminated transfer fees on all local online transactions, becoming the first major financial institution in Nigeria to

Wema Bank refunded ₦17.5 billion to customers in 2024 following a surge in service complaints, reflecting its intensified push to

Zenith Bank lost N5.26 billion ($3.4 million) to fraud in 2024, even as the Nigerian lender reported a profit after

The Central Bank of Nigeria (CBN) has approved the request of Greenwich Merchant Bank Limited to operate its financial holding

Unity Bank Plc has announced the appointment of Mr. Ebenezer Ademola Kolawole as the Acting Managing Director of the bank,

The World Bank Group’s IFC is hiring Investment Analysts across Africa to support private sector growth in emerging markets. Based

United Bank for Africa Plc (UBA) has disclosed that it incurred regulatory penalties totaling ₦141.65 million from the Central Bank

Starting April 21, 2025, PayPal is rolling out a series of changes that make it significantly more expensive, and frustrating,

Prominent businessman Oba Otudeko and six other individuals are negotiating a settlement with Nigeria’s anti-graft agency, the Economic and Financial

A Lagos State High Court has mandated prominent businessman Oba Otudeko to appear in court for his trial concerning an

The National Pension Commission (PenCom) has announced a major policy reform aimed at accelerating the payment of retirement benefits to






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