4 h. ago Banking Stocks Plummet On CBN’s Directive To Suspend Dividends, Bonuses

Following the Central Bank of Nigeria (CBN) directive suspending dividend payments, bonus disbursements, and offshore investments for banks under regulatory forbearance, the Nigerian Exchange (NGX) Banking index yesterday declined by 3.98 per cent. This is as investor sentiment weakened amid concerns over earnings retention and capital constraints within the banking sector. While the benchmark index […]

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29 h. ago Expert unveils innovative credit risk solution to boost Nigerian banking sector

Tribune Online Expert unveils innovative credit risk solution to boost Nigerian banking sector A groundbreaking credit risk assessment platform is poised to transform how Nigerian banks evaluate and manage lending decisions, according to Ehimare Ucheoma, a credit risk expert and seasoned banking professional. Speaking with journalists in Lagos, Ucheoma revealed that the new solution uses advanced data integration techniques to generate a unified, actionable risk score for loan […] Expert unveils innovative credit risk solution to boost Nigerian banking sector Tribune Online

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35 h. ago Experts react as CBN suspends dividends of banks under forbearance

Tribune Online Experts react as CBN suspends dividends of banks under forbearance •Shareholders push back The Central Bank of Nigeria’s (CBN) recent decision to temporarily suspend dividend payments by banks has triggered strong and mixed reactions across the financial ecosystem. While financial analysts described it as a prudent move to preserve capital and protect the banking sector’s integrity, shareholders and some market participants are expressing deep concern […] Experts react as CBN suspends dividends of banks under forbearance Tribune Online

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47 h. ago Strengthening the banking sector: NDIC and imperative of risk

The evolving complexity of the banking sector and its crucial role in economic intermediation underscore the need for a robust read more Strengthening the banking sector: NDIC and imperative of risk-minimizer deposit insurance

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3 d. ago CBN halts profit sharing, overseas investments for banks under special support

The Central Bank of Nigeria (CBN) has temporarily suspended the payment of dividends, executive bonuses and foreign investments by banks currently under regulatory forbearance. This is part of a strategy to reinforce financial discipline and protect the stability of the banking sector. The directive affects only those banks that are receiving temporary regulatory relief, commonly […] The post CBN halts profit sharing, overseas investments for banks under special support appeared first on The Sun Nigeria.

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8 d. ago NGX banking index leads activity chart as stock market posts weekly gains

Tribune Online NGX banking index leads activity chart as stock market posts weekly gains THE Nigerian Exchange (NGX) experienced vibrant trading activity in the first week of June 2025, with the NGX Banking Index emerging as the top performer. The index led gains across the market, driven by renewed investor confidence and increased interest in banking stocks, reflecting optimism around the sector’s growth outlook. Sector-wise, the Financial Services industry […] NGX banking index leads activity chart as stock market posts weekly gains Tribune Online

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1 week ago PSHAN Banks On AI, Creative Energy To Transform Nigeria’s Health Sector

The Private Sector Health Alliance of Nigeria (PSHAN) has set its sights on Artificial Intelligence (AI) and the creative industry as a move to reimagine the Nigerian healthcare system. Recall the Nigerian health sector faces a multitude of challenges that hinder effective service delivery and equitable access to care. Chief among these are inadequate funding, […]

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1 week ago Stable policies key to unlocking Nigeria’s $1trn economy –NGX Chairman

Chairman, Nigerian Exchange Group (NGX), Dr Umaru Kwairanga, has said that Nigeria must be unshackled from policy inconsistency, currency woes and other headwinds if it is to achieve the proposed $1 trillion economy. Kwairanga made the call while speaking with the News Agency of Nigeria (NAN) in Lagos, yesterday. He emphasised that overcoming these hurdles […] The post Stable policies key to unlocking Nigeria’s $1trn economy –NGX Chairman appeared first on The Sun Nigeria.

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2 w. ago Federal Gov’t Moves To End ‘419’ Scare, Cyber Fraud In Banking Sector

In a renewed effort to restore public confidence in Nigeria’s financial system and eliminate fears surrounding cyber fraud and financial scams, the Federal Government has convened a national stakeholders’ workshop to review and validate a National Framework on strengthening trust for sustainable economic and financial inclusion. The initiative, championed by the Presidential Committee on Economic […]

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2 w. ago Maritime Bank MD Identifies Bottlenecks Obstructing Africa’s Mining Sector Growth

The president of the Regional Maritime Development Bank (RMDB), Adeniran Aderogba, has urged African nations to confront the structural and financial barriers that continue to hinder the continent’s mining sector. Speaking during a high-level panel discussion on “Mobilising Domestic Capital for Africa’s Mining Sector” at the African Development Bank (AfDB) Annual Meetings recently concluded in […]

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2 w. ago RMDB CEO Aderogba calls for domestic financing reforms in Africa’s mining sector

By Steve Agbota The President/CEO of the Regional Maritime Development Bank (RMDB), Mr Adeniran Aderogba, has urged African nations to confront the structural and financial barriers that continue to hinder the continent’s mining sector. Speaking during a high-level panel discussion on “Mobilising Domestic Capital for Africa’s Mining Sector” at the African Development Bank (AfDB) Annual […] The post RMDB CEO Aderogba calls for domestic financing reforms in Africa’s mining sector appeared first on The Sun Nigeria.

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2 w. ago Regional Maritime Bank advocates domestic financing to unlock Africa’s mining potential

Tribune Online Regional Maritime Bank advocates domestic financing to unlock Africa’s mining potential The President/CEO of the Regional Maritime Development Bank (RMDB), Mr Adeniran Aderogba, has urged African nations to confront the structural and financial barriers that continue to hinder the continent’s mining sector. Regional Maritime Bank advocates domestic financing to unlock Africa’s mining potential Tribune Online

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2 w. ago Senator Karimi lauds Tinubu’s appointment of Oludare as NDIC MD

Tribune Online Senator Karimi lauds Tinubu’s appointment of Oludare as NDIC MD Thank you, Mr. President, for identifying a talent in the banking industry and for engaging him to also serve as the watchdog of the banking sector. Senator Karimi lauds Tinubu’s appointment of Oludare as NDIC MD Tribune Online

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2 w. ago The Alternative bank, Plateau Varsity launches  ALFALFA project to transform livestock production

A new public-private partnership is setting the stage for a major transformation in Nigeria’s livestock sector as the Alternative Bank, read more The Alternative bank, Plateau Varsity launches  ALFALFA project to transform livestock production

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2 w. ago Plateau Varsity Partners Alternative Bank To Transform Livestock Production  

In a bid to boost Nigeria’s livestock sector, the Alternative Bank, the Federal Ministry of Livestock Development, and Plateau State University Bokkos, in a joint collaboration, have launched the Alfalfa Project in Plateau State. The initiative, aimed at boosting feed production, supporting youth and women, and reducing pastoral conflicts, was formally unveiled during a high-level […]

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2 w. ago AfDB sees Africa mobilising additional $1.43trn in domestic resources

projects economy to grow by 4% in 2026 Africa’s short-term outlook is resilient despite global economic and political headwinds. read more AfDB sees Africa mobilising additional $1.43trn in domestic resources

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3 w. ago Maritime bank fuels hope for Nigeria’s ports, shipping sector revamp

$44bn maritime economy, N2.5trn losses underscore urgency Sixteen years after its conception, the long-awaited Regional Maritime Development Bank (RMDB) has read more Maritime bank fuels hope for Nigeria’s ports, shipping sector revamp

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3 w. ago After EFCC Alert, PremiumTrust Bank Neutralises Unauthorised Access To Database

PremiumTrust Bank has reassured its valued customers, stakeholders, and the general banking public that its security architecture remained resilient. The assurance followed the recent release issued by the Economic and Financial Crimes Commission (EFCC) concerning an attempted cyberattack by some unscrupulous elements. The bank, in a statement issued on Wednesday and signed by the Company […]

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3 w. ago Policy reforms bolster FX stability, sustain banking sector resilience

A series of far-reaching policy reforms by the Central Bank of Nigeria (CBN), including bank recapitalisation, the introduction of an read more Policy reforms bolster FX stability, sustain banking sector resilience

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4 w. ago Banking sector remains resilient amid economic headwinds – CIBN

The Chartered Institute of Bankers of Nigeria (CIBN) has said that the Nigerian banking sector remains resilient in the face read more Banking sector remains resilient amid economic headwinds – CIBN

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