Tag: nigerian banks

AG Mortgage Bank Posts 130% Profit Surge, Assets Hit ₦33.04bn

AG Mortgage Bank Plc recorded a sharp improvement in its 2025 financial…

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Tinubu Orders Banks to Shift Loans From Government to Businesses

President Bola Ahmed Tinubu has urged Nigerian banks to reduce their reliance…

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Who Is Emmanuel Nnorom? Meet UBA’s New Group Chairman

United Bank for Africa (UBA) Plc has appointed veteran banker and corporate…

Abbey Mortgage Bank Declares N1.2bn Dividend Payout To Shareholders

Abbey Mortgage Bank Plc has announced a N1.2 billion dividend payout, translating…

Abbey Mortgage Bank Seeks Approval To Raise N164.5bn

Abbey Mortgage Bank Plc is seeking shareholders’ approval to raise up to…

Abbey Mortgage Bank Posts N3.1bn Profit in 2025, EPS Rises to 21 Kobo

Abbey Mortgage Bank has reported a strong financial performance for the 2025…

CBN Confirms 33 Banks Meet Recapitalisation Target, N4.66tn Raised

  The Central Bank of Nigeria (CBN) has announced that 33 Nigerian…

CBN Orders Banks to Restrict Services for Major Loan Defaulters in Nigeria

The (CBN) has directed commercial banks across to impose strict restrictions on…

NDIC Assures ASO, Union Homes Depositors of Up to N2m Insurance Payouts

The Nigeria Deposit Insurance Corporation (NDIC) has assured depositors of Aso Savings…

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Recapitalisation: Nigerian Banks to Raise N4.14tn Ahead of March 2026 Deadline

Nigeria’s banking sector is undergoing one of its most comprehensive reforms in…

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