For every ₦1 Nigerian banks lent consumers, corporates got ₦10 

👨🏿‍🚀TechCabal Daily – Holcim’s billion dollar windfall

In today’s edition: Nigeria’s Central Bank fines 29 banks 9 million || CBN to penalise banks for cash shortages || Holcim to sell its Lafarge business for 1 billion || Nigerian BDCs to buy forex from authorised sellers

Bank customers detail implications of two Nigerian banks merger

President of the Bank Customers’ Association of Nigeria, Uju Ogunbunka, has detailed the implications of the merger of two Nigerian financial institutions, Providus and Unity Banks. This comes as the two banks, on Sunday in a statement, announced a new name, ProvidusUnity Bank. Reacting, the president of the Bank Customers’ Association of Nigeria, Dr. Uju Ogunbunka, in [] Bank customers detail implications of two Nigerian banks merger

The BizNews Edge: African Bank's Billion-Rand Acquisition Trap

The BizNews Edge: African Bank's Billion-Rand Acquisition Trap

Borno Food Bank Supports 560 Beneficiaries, 468 Children

Nigeria’s First Lady, Oluremi Tinubu, has revealed that 560 beneficiaries have enrolled in the National Community Food Bank Programme since its launch in Borno State in April. The initiative, she said, has also provided support to 468 vulnerable children, describing this as an impressive start. The wife of the President says the success depends on [] The post Borno Food Bank Supports 560 Beneficiaries, 468 Children appeared first on Voice of Nigeria.

Stock market slides as profit-taking hits blue chip companies 

By Peter Egwuatu After the sustained rally recorded in the previous weeks of May 2026, profit-taking by investors last week have taken toll on the Nigerian stock market. Analysts noted that the profit-taking was mostly in major blue chip and mid-cap companies that had paid dividends to their shareholders. A review of activity on the Nigeria [] The post Stock market slides as profit-taking hits blue chip companies appeared first on Vanguard News.