Banking
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Wema Bank: The Gate-Crasher That Rewrote the Rules
Wema Bank should not be in this conversation. It is too old to be a startup, too small to be…
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GTCO vs Zenith: The Cold War for Nigeria’s Banking Crown
Nigerian banking has only one real rivalry that matters. Not Access vs UBA. Not the tier-2 scrappers. Zenith vs GTCO.…
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Stanbic IBTC: The Tier-2 Bank That Thinks It’s Tier-1
Stanbic IBTC is the anomaly in Nigeria’s tier-2 pack. FCMB fights for relevance. Fidelity fights for re-rating. Wema fights for…
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Stanbic IBTC: The Tier-2 That Trades Like a Tier-1 Darling
Stanbic IBTC doesn’t just lead tier-2 banks in strategy. It embarrasses them on the NGX. In a market that prices…
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Providus-Unity Merger: Supreme Court Clears the Law, But the Market Will Judge the Balance Sheet
The Supreme Court has declared the Providus-Unity Bank merger legal, final, and irreversible, closing the book on months of courtroom…
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Stanbic IBTC: The Tier-2 That Trades Like a Tier-1 Darling, But With Tier-1 Problems
Stanbic IBTC doesn’t just lead tier-2 banks in strategy. It embarrasses them on the NGX. In a market that prices…
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Sterling Bank: The Mid-Tier That Chose Poetry Over Profit
Sterling Bank is the most interesting failure in Nigerian banking. Not because it collapsed. Because it didn’t. It just stopped…
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Wema Commands a Premium Valuation; FCMB Remains Heavily Discounted by the Market
The Nigerian Exchange rarely offers such a clean study in market bias as FCMB Group and Wema Bank present today.…
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FCMB Q1 2026: Fortified on Paper, Tested by Markets and Risk
FCMB enters Q2 2026 with cracks in its earnings mix that cannot be ignored. Net trading income swung from a…
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Union Bank, Polaris Bank, and Keystone Bank: Stable” on Paper, Shaky in Reality
The March 31, 2026 recapitalization deadline was supposed to be final. Thirty-three banks met it, raised N4.65tn, and lifted sector-wide…
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