Zenith Bank
PoS prices double: Moniepoint, OPay, PalmPay, banks raise cost of terminals amid FX crunch
The prices of PoS terminals have shot up 300% for advanced devices in the last 12 months, with fintechs and banks blaming foreign exchange fluctuations.
New rival for Access, Zenith as CBN licenses fresh commercial bank to begin operations in 2026
The Federal Mortgage Bank of Nigeria (FMNN) has revealed that it has received a commercial banking licence from the Central Bank of Nigeria (CBN).
Access Bank, Zenith, UBA announce new savings interest rates after CBN cuts MPR to 27 per cent
Following the Central Bank of Nigeria's (CBN) monetary policy rate cut to 27%, commercial banks have released new interest rates on savings accounts.
Banks send messages to customers, set to close all branches
The Federal Government declared October 1 public holiday for Independence Day, banks including Lotus, Stanbic, and Premium Trust announced branch closures.
Providus, Unity Bank merger creates strong competition for Access, UBA, others
Experts and industry stakeholders have said that the Providus, Unity Bank merger will catapult the bank into a top tier, creating strong competition in the sector
Investors recoup N279bn as Unity Bank shares hit 52-week low
The Nigerian stock market closed higher on Thursday, gaining over N270bn as the ASI rose 0.31%, while Unity Bank shares crashed to a 52-week low.
CBN injects $52 million, sees record N3.5 trillion bank deposits after rate cut
Commercial banks have increased their deposits with the Central Bank of Nigeria (CBN) via the Standing Deposit Facility (SDF) after interest rate cuts by CBN.
Full list as CBN confirms 14 banks meet recapitalisation target ahead of deadline
The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has confirmed that 14 Nigerian banks have fully met the recapitalisation target.
UBA, Zenith Bank releases financial results for H1, 2025
Nigerian banks UBA and Zenith reported strong half-year 2025 results, with growth in earnings, profits, deposits, assets, shareholder funds, dividend.
Zenith Bank
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