Nigerian banking News
Latest articles and news about Nigerian banking on AXL Media.
Latest Articles
- Access Holdings Reports Record N743 Billion Net Profit Driven by FX Gains and Strategic Acquisitions
Published: May 1, 2026
Section: Africa
Access Holdings has posted its highest-ever annual net profit of N743 billion, a 16% increase over the previous year. While the group’s Nigerian and UK divisions drove the bulk of...
- Wema Bank Reports Record 116% Profit Growth To N222 Billion In 2025 Financial Year
Published: Apr 9, 2026
Section: Africa
Wema Bank Plc has announced a historic financial performance for 2025, with profit before tax surging to N221.85 billion. The lender’s growth was driven by a 103% rise in net inter...
- Zenith Bank Announces Appointment of Kennedy Okwudili as Executive Director to Strengthen Internal Leadership Succession Strategy
Published: Mar 24, 2026
Section: Africa
Zenith Bank Plc has promoted Kennedy Okwudili to the position of Executive Director, with his tenure officially commencing on May 1, 2026. The move aligns with the financial instit...
- Lagos High Court Freezes Petrocam Accounts and Director BVN Over Alleged N9 Billion Debt to Zenith Bank
Published: Mar 12, 2026
Section: Africa
Justice Chukwujekwu Aneke has issued an interim order restraining Petrocam Trading Nigeria and its principal, Patrick Ilo, from accessing funds across various financial institution...
- Alpha Morgan Bank Secures Central Bank Capitalization Approval to Drive National Expansion Strategy Across Nigeria
Published: Mar 7, 2026
Section: Africa
The Central Bank of Nigeria has officially affirmed the capitalization status of Alpha Morgan Bank, validating the institution’s compliance with national regulatory benchmarks. Thi...