The federal government, through the Asset Management Corporation of Nigeria (AMCON), seized Arik Air over bad debt, and shareholders have faulted the decision.
Parallex Bank, the newest commercial bank has kicked off its operation and has announced plans to open new branches and add more customers to its already 100,000.
Africa's richest man, Aliko Dangote, has reacted to media reports that Nigerian National Petroleum Company Limited refused to supply crude oil to his refinery.
The Chief Executive Officer of the Centre for the Promotion of Private Enterprises, Muda Yusuf, has expressed concerns that many factories are now worship centers.
The Central Bank of Nigeria (CBN) has announced the postponement of its Monetary Policy Committee (MPC) meeting expected to be held September 2023.
The Central Bank of Nigeria has revealed that Nigerians looking to own a microfinance bank can now apply for a license from the comfort of their homes.
Lagos biggest shopping mall has been put up for sale by Nigerian institutional investor and developer, Novare Real Estate Nigeria Limited (NREN).
The continues depreciation of the naira against the US dollar continue to have a big effect on the debt stock of Nigerian states including FCT with Lagos leading.
The Nigerian National Petroleum Company Limited (NNPCL) has kicked off a sweeping termination of employment for top management personnel, including popular names.