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 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.

Dan Aibangbe examines how United Capital's expansion is influencing investment banking in various African markets, highlighting its impact on regional growth in this sector. The analysis focuses on the company's strategic moves and their implications for investment banking across the continent.

FCMB Group Plc reported a profit of N177 billion and announced a dividend payout of N23 billion for the year 2025, indicating robust growth across its various business segments, according to Punch.

New data from the Central Bank of Nigeria (CBN) indicates a significant increase of N17.4 trillion in federal government borrowing, which raises concerns about the growing public sector debt and the potential impact on private sector credit availability.

Nigerian banking stocks are currently experiencing a market dip, presenting a potential contrarian investment opportunity. According to Nairametrics, these banks demonstrate solid fundamentals, characterized by strong gross earnings and high net interest margins, which are supported by sustained high interest rates amidst the recent correction in the Nigerian equity market.