Zenith Bank
Banks suspend instant alerts for cheques pending clearance as CBN issues new directive
The Central Bank of Nigeria (CBN) has halted instant alerts for cheque payments by commercial banks to curb incidences of bounced and dud cheques.
Wema Bank joins Zenith, Access in CBN recapitalisation race, meets target ahead of deadline
Wema Bank Plc became the latest Nigerian bank to cross the Central Bank of Nigeria's (CBN) recapitalisation hurdle, as it has raised the required capital.
Over 60 million dormant or closed bank accounts as NIN deadline bites
Commercial banks and other financial institutions have shut close to 60 million bank accounts in the first quarter of 2025 following CBN's mandate affect NINs.
Again, Access Bank buys another bank secures more customers
The Access Bank has announced the ownership takeover of another bank after it received all regulatory approvals from the Financial Services Commission.
Nigerian stock market crosses 130,000 points as investors push ASI higher
Nigeria's stock market rebounded as the All Share Index crossed 130,000 points, driven by gains in FTN Cocoa, RT Briscoe, and Sovereign Trust Insurance.
Stock market starts new week on positive note ahead of MPC decision
Stock market has started the new week on a positive note, as data from the Nigerian Exchange Limited showed that the ASI and market capitalisation improved.
CBN releases Access, UBA, Zenith other banks' updated interest rates for loans, savings
The Central Bank of Nigeria has released the latest savings and lending interest rates for all Deposit Money Banks (DMBs) in the country ahead of the MPC meeting.
Nigeria stock market closes week with over N3.4trn gain
The Nigerian stock market ended the week strong as data from the Nigerian Exchange Limited (NGX) showed that investors made over N3.4 trillion in 5 days
Nigeria's powerhouses: 10 Nigerian banking stocks lead NGX surge amid recapitalisation
Amid the ongoing recapitalisation drive announced by the Central Bank of Nigeria, several Nigerian banking stocks have been on a bullish run, driving the NGX.
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