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…
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…
Banks Reclassify Land and Buildings as High-Risk Collateral Amid Demolitions, Title Disputes
Nigerian banks are tightening their lending standards as land and buildings—once considered…
FCMB’s Capital Raise Now Targeted at N400 Billion as Investors Fear Dilution
FCMB Group Plc has again raised its capital raise ceiling—this time to…
Summit Bank Begins Operations, Promises Ethical and Inclusive Banking
Nigeria’s newest non-interest financial institution, Summit Bank Limited, has officially commenced operations,…