Stakeholders are advocating for the adoption of technology in Nigeria's banking audit sector to improve operational functions, anticipate risks, and enhance assurance in the era of artificial intelligence, according to Punch Business.

Nigerian banks UBA, GTCO, and Access Holdings invested N118 billion in aggressive advertising campaigns over a period of 15 months, focusing on brand promotion in a competitive market, according to Punch.

Africa's banking sector is approaching the latter half of 2026 with a cautiously optimistic outlook, as it faces macroeconomic pressures such as persistent inflation, high interest rates, and currency volatility. Industry analysts note that while the sector appears resilient, these challenges complicate financial planning for banks across the continent. In response, many banks are increasingly focusing on digital transformation to adapt to the changing economic landscape.

In 2026, Nigeria's largest commercial banks continue to maintain extensive branch networks despite the rise of mobile banking and USSD services. This strategy aims to cater to a diverse and predominantly cash-reliant population. The information is based on data compiled by Nairametrics Research from the banks' 2025 annual reports and investor presentations.

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.

The Central Bank of Nigeria (CBN) has announced that the Federal Government (FG) plans to raise N5.8 trillion through Treasury Bills in the third quarter of 2026, marking a 241 percent increase compared to N1.76 trillion sold in the same period in 2025. This increase is part of the government's borrowing strategy for the 2026 budget, according to Vanguard Business.