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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UBA, Wema, other Nigerian banks resume foreign transaction in naira
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No more N240,000: Traders announce new price of beans across different markets
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Dangote moves to build largest fertilizer factory, names location
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Sterling Bank’s profit soars 102% after scrapping transfer charges, records N43.68 billion in 2024
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"Go back home": Confusion as Saudi Arabia cancels 264 Nigerian visas, deports many at point of entry
Air Peace, airlifting 264 passengers was sent back from Saudi Arabia on arrival in Jeddah, from Kano on Monday, November 13, 2023, and their visas were canceled
Air Peace, Max Air, other Nigerian airlines cry out over $800m trapped with CBN, details emerge
Four Nigerian airlines; Air Peace, Azman Air, Max Air and United Nigeria Airlines, have over $54 million trapped with the CBN out of an estimated $800m total fund.
Dangote Cement, Seplat Energy, 6 other firms record N918.1bn loss due to naira crash
Eight Nigerian companies recorded massive losses due to the depreciation of the Nigerian currency, the naira, with the Dangote Group recording the highest losses.
Access Bank announces N30bn initiative for 4 million women, youth-owned businesses in Nigeria
Access Bank has announced that it is partnering with the Office of the Vice President to provide N30 billion to small businesses owned by youth and women.
Billionaire businessman Razaq Okoya advocates industrial Hubs in 36 states, Abuja for economic boost
Chief Rasaq Akanni Okoya has urged the establishment of fresh industrial zones in all 36 states to foster the growth of small-scale industries...
Going nowhere: Court orders owners to stop Shoprite sales in Nigeria
Following a recent interim court judgment in Abuja, owners of Shoprite Malls in Nigeria have been restrained from selling off their assets in Nigeria
“Safety first”: US explains rejection of yam, garri, other agric produce from Nigeria
The United States Department of Agriculture has said that the lack of safety documentation on agricultural produce exported to the US is the reason for rejection
Innoson Vehicle, Kira, 6 other vehicles produced in Africa and their owners
For years, foreign cars have continued to dominate African but the narrative is fast changing as innovation is beginning to take shape in the region.
“We regret its impact:” Air Peace speaks on blacklisting of Imo airport amid workers’ protest
Air Peace has revealed its stance on the blacklisted Imo Airport by aviation workers who suspended flights to the airport from any airport in Nigeria.
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