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.

Olayemi Cardoso, the Governor of the Central Bank of Nigeria, has urged banks to utilize the over N4.6 trillion raised from the recent banking sector recapitalisation to invest in productive sectors. This initiative aims to create jobs, support businesses, and enhance foreign exchange earnings. The recapitalisation exercise concluded on March 31, 2026.

The European Bank for Reconstruction and Development (EBRD) plans to invest $1.5 billion in Nigeria over the next three years. According to the managing director, these investments aim to facilitate trading activities by providing easier access to pre-import and post-export financing for importers and exporters in the country.

President Bola Ahmed Tinubu on Tuesday reaffirmed the Federal Government's commitment to converting the gains of its economic reforms, which he said have brought stability, into investments, increased production and job opportunities for Nigerians. He made the remarks while speaking at the 19th Annual Banking and Finance Conference organised by the Chartered Institute of Bankers of Nigeria (CIBN), according to Tribune Online.

Nigerian President Bola Tinubu has urged the country's banks to rethink their approach to risk and take a more active role in driving economic growth and improving citizens' welfare. Speaking on the issue, he argued that strong profits alone are no longer sufficient, calling on financial institutions to look beyond earnings and contribute more directly to national development, according to Vanguard News.

Nigerian President Bola Tinubu has called on the country's banking and financial services sector to leverage ongoing recapitalisation efforts to boost business financing, production, and job creation. Speaking on the state of the economy, he urged banks to move beyond traditional financial intermediation, arguing that recent macroeconomic stability must now translate into broad-based prosperity for Nigerians, according to Premium Times.