Nigeria's Zenith Bank is eyeing the Kenyan market with a planned acquisition of a tier-2 bank after it raised the required N500 billion target set by the CBN.
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Recapitalisation drives merger fever as smaller banks launch talks
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No more N240,000: Traders announce new price of beans across different markets
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NIGERCEM: Ebonyi state set to revive cement company to rival Dangote, BUA, Lafarge
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UBA, Wema, other Nigerian banks resume foreign transaction in naira
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Dangote moves to build largest fertilizer factory, names location
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Lagos-London airfares set to become cheaper as Air Peace, 2 other airlines secure important licences
There are strong expectations that airfares will fall in the coming months ahead as the Nigeria Civil Aviation Authority (NCAA) secures important permissions.
“We need help”: Price of drugs jump by over 1,000% as GSK, other big companies leave Nigeria
The decision by some international pharmaceutical companies, such as GSK, to leave the country is hurting Nigerians daily, as the cost of drugs has skyrocketed.
Air Peace CEO highlights FG's role in deportation of Nigerians from Saudi Arabia
Allen Onyema, Air Peace's CEO, has blamed the Nigerian government for the slow pace of development in the Industry in a recent interview on Channels TV.
After raising DStv, GOtv subscription prices, Multichoice loses $72m on naira devaluation
A few weeks after it increased the subscription prices in Nigeria, Multichoice reported a $72 million revenue loss and blamed it on the naira devaluation.
Germany announces new visa rules, simplifies process for Nigerians ready to relocate and work
Germany has announced opportunities for skilled Nigerian workers who are ready to relocate to European countries, and their families can join them.
NDIC lists 20 failed banks, asks depositors to come for their money as CBN restores one licence
The Nigeria Deposit Insurance Corporation (NDIC) has said it will pay customers of the 20 failed banks in Nigeria an additional N16.16 billion soon.
UBA takes over Dubai-based Stallion Group’s assets over N156 billion debt, lists Kuda, Opay, others
The United Bank for Africa has taken over the assets of a Dubai-based Stallion Group over an N156 billion judgment debt by a Federal High Court in Lagos.
Fidson Healthcare signs deal with Chinese firm to produce drugs for treatment of HIV
Fidson Healthcare Plc (Fidson) has signed a deal with Jiangsu Aidea Pharmaceutical Co. Ltd (Aidea Pharma) a chinese company on HIV drugs production.
“Take advantage”: Nigerian airline announces free, discounted tickets to cheap anniversary
Dana Airline has announced that there will be discount ticket flights to celebrate its anniversary and contribution to the Nigeria's aviation industry.
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