7 h. ago Economy: “Nigeria To Record Fastest Growth In 2026” — World Bank

The World Bank announced yesterday that Nigeria’s economy is on track to record its fastest growth in more than a decade, upgrading its forecast for the country’s economic growth to 4.4 per cent for 2026 and 2027. The World Bank disclosed this in its latest Global Economic Prospects report released yesterday. The latest growth forecast […] The post Economy: “Nigeria To Record Fastest Growth In 2026” — World Bank appeared first on Information Nigeria.

Politics

15 h. ago RMB acts as lead issuing house for Presco’s N236 billion capital raise

Rand Merchant Bank (RMB) Nigeria Limited has completed its role as lead issuing house on Presco Plc’s N236 billion rights read more RMB acts as lead issuing house for Presco’s N236 billion capital raise

Politics

17 h. ago Nigeria dominates Africa’s top bank ranking as recapitalisation deadline looms

Nigeria has extended its dominance as the king of the banking sector in West and Central Africa, according to the read more Nigeria dominates Africa’s top bank ranking as recapitalisation deadline looms

Politics

18 h. ago World Bank sees Nigeria’s economy growing at fastest pace in over a decade

Nigeria’s economy is projected to expand at its quickest pace in more than a decade this year and in 2027, read more World Bank sees Nigeria’s economy growing at fastest pace in over a decade

Politics

30 h. ago Savings in bank accounts won’t be taxed, only profits — NRS boss

Nigeria’s Revenue Service chief clarifies new tax laws. Your bank savings are safe from taxes; only profits are taxed, not personal funds or transfers. Read More: https://punchng.com/savings-in-bank-accounts-wont-be-taxed-only-profits-nrs-boss/

Economics

37 h. ago Cool Microfinance Bank Opens Headquarters in Lagos, Begins Operations

Cool Microfinance Bank Limited has officially opened its headquarters in Lagos, marking the start of its banking services in Nigeria. read more Cool Microfinance Bank Opens Headquarters in Lagos, Begins Operations

Politics

50 h. ago Three bank mergers loom ahead of recapitalisation deadline –Report

Three bank mergers are expected in Nigeria ahead of the 2026 recapitalisation deadline, as lenders scramble to meet new CBN capital requirements. Read More: https://punchng.com/three-bank-mergers-loom-ahead-of-recapitalisation-deadline-report/

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50 h. ago Banks, fintechs harmony to drive financial inclusion – FairMoney MD

FairMoney MD explains how structural harmony between banks and fintechs can deepen financial inclusion in Nigeria and help drive a $1tn economy. Read More: https://punchng.com/banks-fintechs-harmony-to-drive-financial-inclusion-fairmoney-md/

Economics

66 h. ago NDIC Announces ₦24.3bn Second Liquidation Dividend For Heritage Bank Depositors

This latest payout follows the revocation of Heritage Bank’s operating license by the Central Bank of Nigeria (CBN) on June 3, 2024. The post NDIC Announces ₦24.3bn Second Liquidation Dividend For Heritage Bank Depositors appeared first on Channels Television.

Politics

2 d. ago Recapitalisation: Combined Capital Of 21 Banks Hits N5.14trn

Nigeria’s banking sector is fast approaching the end of the Central Bank of Nigeria’s recapitalisation programme with a combined capital base of about N5.142 trillion already locked in by lenders across the different licence categories, disclosures made by the banks have shown. The figures show that 21 out of the 37 commercial, merchant and non-interest […]

Politics

2 d. ago How Nigeria’s big banks scaled recapitalisation hurdle ahead March

Nigeria’s biggest banks have largely cleared the recapitalisation hurdle months ahead of the March 31, 2026 deadline, deploying a mix read more How Nigeria’s big banks scaled recapitalisation hurdle ahead March

Politics

3 d. ago Transmission Company, Partners Educate Abia, Imo, Anambra Communities On Line Upgrades

The Transmission Company of Nigeria (TCN), in partnership with the African Development Bank (AfDB) and the Federal Ministry of Finance have carried out a sensitisation programme for Project Affected Persons (PAPs) on the proposed reconstruction and upgrade of the Alaoji–Onitsha 330kV Single Circuit Transmission Line line. The sensitisation exercise, which took place from January 6 […]

Politics

4 d. ago Becoming Wema Bank MD at 41 shaped my leadership – Fmr CBN Deputy Governor, Lemo

Discover Tunde Lemo’s leadership journey, from Wema Bank MD to CBN Deputy Governor. He shares insights on Nigeria’s economy, banking, and a life of integri Read More: https://punchng.com/becoming-wema-bank-md-at-41-shaped-my-leadership-fmr-cbn-deputy-governor-lemo/

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5 d. ago UBA Meets Central Bank’s Requirement As Capital Base Surpasses N500bn

United Bank for Africa Plc has met the Central Bank of Nigeria’s N500 billion minimum capital requirement, following the successful completion of the second tranche of its rights issue, thereby strengthening its balance sheet well ahead of the March 2026 recapitalisation deadline. As at the bank’s 2025 half-year audited results, UBA’s share capital and share […]

Politics

5 d. ago NCC, CBN to unveil refund framework for failed airtime, data transactions

The Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN) have drawn up a framework to address consumer read more NCC, CBN to unveil refund framework for failed airtime, data transactions

Politics

5 d. ago Commission, Central Bank Order Instant Refunds For Failed Data, Airtime Top

The Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN), the two regulators in the telecommunications industry, have developed a framework to address consumer complaints arising from unsuccessful airtime and data transactions during network downtimes, system glitches, or human error. This was disclosed in a statement issued on Thursday by the Head of […]

Politics

7 d. ago CBN banks on growth, disinflation to lock in financial sector reform gains

The Central Bank of Nigeria (CBN) is anchoring its confidence in the sustainability of recent financial sector reforms on stronger read more CBN banks on growth, disinflation to lock in financial sector reform gains

Politics

7 d. ago TAJBank Surpasses Central Bank’s New Capital Base Ahead Of Deadline

TAJBank Plc has crossed the Central Bank of Nigeria’s new minimum capital requirement for national non-interest banks, positioning it among early movers ahead of the March 2026 enforcement deadline. The bank, in a note to its customers, assured that by surpassing the target, it is now better positioned to drive financial inclusion, support large-scale economic […]

Politics

7 d. ago TAJBank Surpasses Central Bank’s N20bn New Capital Base Ahead Of Deadline

TAJBank Plc said it has crossed the Central Bank of Nigeria’s N20 billion new minimum capital requirement for national non-interest banks, positioning it among early movers ahead of the March 2026 enforcement deadline. The recapitalisation, which affects all categories of banks, requires national non-interest banks to raise their minimum capital base to N20 billion by […]

Politics

7 d. ago FirstBank attains N500bn capital base ahead of CBN deadline 

First Bank of Nigeria has met the CBN’s N500bn minimum capital requirement ahead of the deadline, strengthening its financial resilience and growth outlook Read More: https://punchng.com/firstbank-attains-n500bn-capital-base-ahead-of-cbn-deadline/

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