Cowryvest

  Nigeria's Tier one Banks have released their 2026 Quarter 1 results, and some of them have come up with a strong start. Savvy investors are paying close attention to know how best to position ahead. Quarterly results for 2026 are particularly important, considering the stance of the Central Bank of Nigeria, which recently directed banks to treat all insider credits as non-performing loans (NPL) or bad loans and make 100 per cent provision for the self-declared sum within an 18-month window beginning from the end of April 2026. This is not a routine regulatory nudge. It is a decisive move that will shape earnings quality over the next few quarters. The strict rule will see some banks making fresh impairment provisions running into multiple billions of naira, which may go on to affect dividends in the near future. Quoting the The Guardian Nigeria on this subject, "Multiple sources told The Guardian that in some banks, insider lending could account for over 30 per cent of the t...