Tag: Nigerian Banks

Abbey Bank Headquarters
BankingBusiness

Abbey Bank sets Q4 2026 date to begin commercial banking  

Abbey Bank plans to start commercial banking in Q4 2026, expanding beyond mortgages into retail, business and corporate banking.

Timilehin Adejumobi Timilehin Adejumobi
Abbey Bank private placement
BusinessBanking

Abbey Bank names five investors with 72.35% stake after $48.5 million placement

Abbey Bank private placement gives five investors a 72.35% stake after raising $48.5 million through 26.56 billion new shares.

Timilehin Adejumobi Timilehin Adejumobi
Nigerian gambling magnate Kessington Adebutu
BusinessHot News

Nigerian gambling magnate Kessington Adebutu’s Wema Bank stake tops $250 million

Kessington Adebutu’s Wema Bank stake tops $250 million after a sharp rise in the lender’s share price.

Timilehin Adejumobi Timilehin Adejumobi
FirstHoldco HQ Marina, Lagos
BusinessHot News

First HoldCo starts $1 billion share offer after CBN approval

First HoldCo begins its $1 billion share offer after CBN approval as it seeks fresh capital for banking and financial services growth.

Timilehin Adejumobi Timilehin Adejumobi
Wema Bank
BusinessHot News

Wema Bank partners Duplo to expand into business financial software 

Wema Bank Duplo partnership adds financial software tools to ALAT Business as banks compete for SME and corporate.

Timilehin Adejumobi Timilehin Adejumobi
The Central Bank of Nigeria
ExclusiveBusiness

Recapitalization explained—where Access, FCMB and others fit

Nigeria’s biggest banks are racing to lock in their future as new recapitalisation rules redraw the country’s financial map, separating lenders with regional ambitions from those positioning for global reach.

Editorial Team Editorial Team