Topic Archive

#banking sector

27 Banks in Recapitalisation Drive as CBN Tightens Capital Rules

The Central Bank of Nigeria (CBN) has confirmed that 27 banks are actively raising fresh capital to meet its new recapitalisation requirements, while 16 banks have already met the threshold ahead of the March 31, 2026 deadline

95News•11/28/2025

Article

Nine Nigerian Banks Earn N14.7 Trillion in Interest Income Over Nine Months

Nine leading Nigerian banks generated a combined N14.72 trillion in interest income during the first three quarters of 2025, driven by high interest rates and aggressive lending strategies.

95News•11/11/2025

Article

CBN affirms bank recapitalisation as key to Nigeria’s $1 trillion economy target by 2030

The Central Bank of Nigeria (CBN) has emphasized that its ongoing bank recapitalisation initiative is essential to achieving the Federal Government’s ambition of building a $1 trillion economy by 2030.

95News•11/7/2025

Article

UBA Posts ₦538bn Profit After Tax in Q3 2025

United Bank for Africa (UBA) has reported a profit after tax (PAT) of ₦538 billion for Q3 2025, reflecting strong financial performance and solidifying its position among Africa’s top-tier banks.

95News•11/1/2025