Nigeria’s Top Banks Rake In N18.2tn As Profits Slide In 2025

  Nigeria’s commercial banking sector generated combined gross earnings of N18.2tn in the 2025 financial year, a figure that underscores the industry’s enduring revenue strength even as profitability weakened considerably across several major institutions. Audited financial statements from leading banks reveal a sector navigating a delicate tension between impressive top line growth and shrinking bottom…

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Cardoso-Led CBN Reduces MPR to 26.5%

Nigeria’s central bank has reduced its benchmark lending rate for the first time in years, signalling a cautious but consequential shift in monetary policy direction as the country’s economic managers begin to ease the aggressive tightening that defined much of the past two years. The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, announced on…

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