Nigeria Banking News
Latest articles and news about Nigeria Banking on AXL Media.
Latest Articles
- Fidelity Bank Announces Retirement of Independent Non-Executive Director Morohunke Bammeke
Published: May 1, 2026
Section: Africa
Morohunke Bammeke has officially retired from the Board of Directors of Fidelity Bank Plc following the completion of her tenure as an independent non-executive director. During he...
- Parallex Bank Secures Legal Victory as FCT High Court Dismisses N7.1 Billion Suit Over Debt Dispute
Published: May 1, 2026
Section: Africa
A Federal Capital Territory High Court has dismissed a N7.1 billion lawsuit filed by logistics firm FHT Mega Express Limited against Parallex Bank Limited, citing a "gross abuse of...
- Zenith Bank Becomes First Nigerian Lender to Cross ₦5 Trillion Market Cap Following Rapid Share Price Surge
Published: Apr 22, 2026
Section: Africa
Zenith Bank Plc has made financial history as the first Nigerian bank to surpass a ₦5 trillion market capitalization. Under the leadership of GMD/CEO Dame Adaora Umeoji, the bank's...
- Wema Bank Surpasses N200bn National License Benchmark Following Successful N150bn Rights Issue
Published: Apr 21, 2026
Section: Africa
Wema Bank has exceeded the Central Bank of Nigeria recapitalization requirements by raising its qualifying capital to N264.7bn. The lender achieved this milestone six months ahead...
- Polaris Bank Inducts 58 Elite Graduates Into Workforce Following Rigorous Technology and Banking Training
Published: Apr 14, 2026
Section: Africa
Polaris Bank has officially graduated 58 new employees from its intensive PGIT and Tech Ignite programmes, selecting them from a pool of over 10,000 applicants. Managing Director K...
- United Bank For Africa Recruits 720 Professionals Through Management Program To Accelerate Youth Leadership Across Continental Operations
Published: Apr 10, 2026
Section: Africa
UBA Plc has expanded its workforce by inducting 720 graduates through its Graduate Management Acceleration Programme, bringing the total number of empowered alumni to 5,000. Group...
- Central Bank of Nigeria Dismisses False Claims Regarding Razaq Okoya’s Acquisition of Polaris Bank
Published: Apr 9, 2026
Section: Africa
The Central Bank of Nigeria has officially labeled viral reports claiming billionaire Razaq Okoya is bidding to purchase Polaris Bank as fraudulent. This clarification follows the...
- Central Bank Assures Stability as Union, Keystone, and Polaris Banks Advance Toward Mandatory Capital Thresholds
Published: Apr 3, 2026
Section: Africa
The Central Bank of Nigeria has confirmed that Union, Keystone, and Polaris Banks are actively raising funds to meet new recapitalization requirements. Despite ongoing regulatory r...
- Kaduna Entrepreneur Urges Nigerian Financial Institutions to Adopt Jaiz Bank Model for Small Business Support
Published: Mar 30, 2026
Section: Africa
Ifeanyi, the Managing Director of Romatime Frozen Foods, has called on the Nigerian banking sector to expand flexible financing options for small and medium enterprises. Using his...
- Financial Leaders at Lagos Marquee Event Urge Women to Drive Innovation Amid Rapid AI and Fintech Disruption
Published: Mar 27, 2026
Section: Africa
The Association of Professional Women Bankers and the Chartered Institute of Bankers of Nigeria have called for increased female leadership to navigate the evolving financial lands...
- MoneyMaster Payment Service Bank Revamps Mobile Application Interface to Streamline Digital Transactions and Reward Customer Loyalty
Published: Mar 26, 2026
Section: Africa
MoneyMaster PSB has launched an updated version of its mobile banking application, featuring a simplified user interface for airtime and data procurement. The financial institution...
- Central Bank of Nigeria Maintains Regulatory Oversight of Union Bank Following Federal High Court Judgment in Lagos
Published: Mar 26, 2026
Section: Africa
The Central Bank of Nigeria has issued a formal statement regarding a recent court ruling concerning its 2024 intervention in Union Bank of Nigeria Plc. While the apex bank reviews...