Banks cut N5.4trn lending to oil, gas, ICT, six other sectorsBy Oluwatomisin Tolulope AlabiJuly 13, 2026 Nigerian banks cut lending to oil and gas, ICT and six other key sectors by N5.45 trillion a 14.8 per cent year-on-year drop in 2025 after…
Banks, Insurance Firms Contribute N1.93trn as Finance Sector Grows by 8.5%By Oluwatomisin Tolulope AlabiMay 28, 2026 Financial institutions, including banks and insurance companies, recorded an 8.5 per cent growth in real Gross Domestic Product (GDP), contributing about N1.93 trillion in the first…