The N500 billion recapitalisation target set by the Central Bank of Nigeria (CBN) could see small banks pursue mergers or downgrade their licences.
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Zenith Bank to acquire Kenyan Bank after meeting CBN’s N500 billion recapitalisation target
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No more N240,000: Traders announce new price of beans across different markets
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UBA, Wema, other Nigerian banks resume foreign transaction in naira
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Zenith Bank retains Nigeria’s No. 1 spot as it eyes Kenyan expansion
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Sterling Bank’s profit soars 102% after scrapping transfer charges, records N43.68 billion in 2024
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CAC addresses viral message on free company registration, gives deadline for report submission
The Corporate Affairs Commission (CAC) has denied sponsoring social media message on free registration of business names and companies in Nigeria.
Emirates, other foreign airlines speak on $700 million trapped in Nigeria, reveal next move
Foreign airlines have said that less than 10 per cent of their trapped funds in Nigerian has been released to them, stating that the debt is frustrating them
"They Deserve it" EO5 should be extended beyond oil and gas, cable company boss says
The Chief Executive Officer of MicCom Cables and Wires, Olubukola Adubi, has asked the Nigerian government to extend Executive Order 5 to other sectors
“Our people are displaced”: Niger State threatens to shut down Kainji Dam, others, gives conditions
Umaru Bago, Governor of Niger State is demanding payment of a 13 percent derivation fund currently enjoyed by oil-rich states be extended to the state.
TECNO’s Black Friday Continues with Amazing Discounts and ₦1,000,000 Shopping Spree this Friday!
TECNO will host a special Jumia Day, where select devices will be sold at exclusive prices. It's a unique opportunity to grab a device at a fraction of the cost.
“We've to pray”: Airlines reveal why flight ticket is no longer N60k and what to expect in Dec
Airline operators in Nigeria has explained why airfares will not come down ahead of December travels despite the rising value of naira at foreign exchange markets.
Access, Zenith, UBA, other banks borrow N268 billion from CBN amid rumoured cash crunch
The Central Bank of Nigeria has revealed that banks' borrowing increased by 466% to N266 billion in the month of October amid rumours of cash scarcity.
Good news for businesses as Cross River government tells investors not to pay tax, gives reasons
The governor of Cross River state, Bassey Otu has declared tax holiday for investors willing to invest in the state a breakfast meeting with global CEOs in Lagos.
No more delays: Saudi Arabia simplifies visa process, invites qualified Nigerians to apply
Sweden, just like the United Kingdom and Canada, is looking to attract new foreign workers from Nigeria and other countries and have simplified rules.
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