The number of commercial banks in Nigeria is set to reduce following the Central Bank of Nigeria drive to ensure banks meet its capital requirements before 2026.
Business and Economy
Most viewed
Popular
-
Union Bank completes Titan Trust Bank merger as CBN recapitalisation deadline nears
-
Controversy as NNPC raises salaries of over 6,000 staff to retain top talents
-
Petrol prices surge to N1,700/L as NUPENG strike shuts Dangote Refinery and depots nationwide
-
Zenith Bank set to open branches in another African country
-
Nigerian bank shuts down, updates social media accounts to new name
Business and Economy Latest News
Air Peace, United Nigeria Airlines release new ticket prices for Abuja-South East route
Air Peace and United Nigeria Airlines have hiked their ticket prices from Abuja to the South-East to N350,000, citing inflation and exchange rate volatility.
India's Modi dangles tax cuts as US tariffs loom
Indian Prime Minister Narendra Modi's push to slash consumption taxes on everyday goods could deliver billions of dollars in annual relief and boost demand in an economy bracing for painful US tariffs, experts say. But experts say Modi's tax reform could help shore up demand by reducing tax collections by between $13 billion and $17 billion.
Nigeria to enhance power supply with $238m Japan loan for grid expansion
Nigeria is securing a $238 million loan from JICA to enhance its electrical grid, alongside renewable energy projects to improve power access across the country.
Business and Economy
Load moreMoney
Money
Read moreTechnology
Technology
Read moreEnergy
Energy
Read moreEconomy
Economy
Read moreIndustry
Industry
Read moreMaritime
Maritime
Read moreCapital Market
Capital Market
Read more