Jaiz Bank is planning to introduce collateral-free loans for small and medium-sized enterprises (SMEs) and retail customers, pending approval from the Central Bank of Nigeria (CBN). This initiative is aimed at enhancing financial inclusion.

According to Punch, Nigeria's top banks raised their technology budgets by 43% in the first quarter of 2026, investing N119 billion in digital infrastructure. This increase aims to enhance services and address the growing demand for digital transactions.

The combined market capitalisation of 12 listed deposit money banks in Nigeria reached N22.51 trillion in the first half of 2026, driven by the successful implementation of reforms by the Central Bank of Nigeria (CBN) and strong earnings from these institutions, according to ThisDay Live.

According to ThisDay Live, banks' borrowing from the Central Bank of Nigeria (CBN) has decreased by 96.04% Year-on-Year (YoY), reaching N2.33 trillion in the first half of 2026. This significant decline occurs amidst ongoing uncertainty in the business environment.

Nigeria's non-performing loans (NPLs) ratio increased to 9.85% in February 2026, nearly double the acceptable threshold of 5%. This rise followed the Central Bank of Nigeria's (CBN) withdrawal of regulatory forbearance, which led lenders to reclassify previously deferred exposures. The information was detailed in the CBN's February 2026 Economic Report released on Wednesday.

The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks (MFBs) due to their failure to meet the necessary conditions for operating as licensed financial institutions. This decision reflects the CBN's regulatory oversight in the financial sector.