Business/Economy
Five Nigerian banks’ assets rise to N20.47tn as profits surge
Five Nigerian mid-sized banks recorded combined assets of N20.47tn and profit after tax of N338.4bn in the first half of 2026, driven by strong earnings growth.
Unknown
The latest stories from Ondo State, across Nigeria, and the conversations shaping our community.
News search
5 stories
Business/Economy
Five Nigerian mid-sized banks recorded combined assets of N20.47tn and profit after tax of N338.4bn in the first half of 2026, driven by strong earnings growth.
business
Coleman Technical Industries CEO George Onafowokan says the CBN’s decision to cut the Monetary Policy Rate to 23% could gradually reduce borrowing costs across Nigeria.
Finance
FCMB Capital Markets Limited has emerged as the best-performing investment banking firm in the FMDQ 2025 Fixed Income League, securing the top spot for its leadership in debt capital market transactions and financial innovation.
Finance
In a significant show of domestic financial strength, local investors have contributed 72% of the total N4.6 trillion raised so far in the ongoing bank recapitalisation exercise mandated by the Central Bank of Nigeria.
Finance
The Central Bank of Nigeria has moved to blacklist several high profile loan defaulters across the country. This strategic action aims to enforce credit discipline and protect the integrity of the Nigerian financial system from the risks associated with non performing loans.