Browsing: Banking
GCR Ratings (GCR) has affirmed Access Bank Plc’s national scale long and short-term issuer ratings of AA(NG) and A1+(NG), respectively, while the outlook is stable.
UBA Unveils Innovation Centre at UNILAG Campus United Bank for Africa (UBA) Plc on Monday deepened industry-academia collaboration with the…
Afreximbank Records 25% Rise in Q1 2026 Net Income The African Export-Import Bank (Afreximbank) has announced a 25 per cent…
Wema Bank’s Profit Surges to N221.9bn as Tier 1 Ambition Grows Wema Bank Plc says it is intensifying efforts to…
GCR ratings have affirmed Providus Bank Limited’s national scale long and short-term issuer ratings of BBB-(NG) and A3(NG) respectively; outlook maintained…
The International Monetary Fund (IMF) has endorsed Nigeria’s ongoing bank recapitalisation drive. It said that stronger capital buffers are cushioning the financial system against external shocks and strengthening resilience amid intensifying global uncertainties.
Nigeria’s 33 recapitalised deposit money banks (DMBs) sourced 72.5% of their combined capital injections locally over two years, the Apex Bank said in an official statement.
The Central Bank of Nigeria (CBN) has announced the successful conclusion of the banking sector recapitalisation programme initiated in March 2024.
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has reiterated its commitment towards building tangible economic bridges and strengthening diaspora-driven investment into Nigeria.
GTCO Plc has reached a market valuation of N4.513 trillion on the Nigerian stock market, amid significant gains by its main competitor, Zenith Bank.