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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9mobile speaks on network sharing deal with MTN, confirms date for nationwide rollout
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Sterling Bank’s profit soars 102% after scrapping transfer charges, records N43.68 billion in 2024
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Another airline begins operation in Nigeria, set to compete with Air Peace, others
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GTCO set to list shares on London Stock Exchange with $100 million offering
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"An institutional embarrassment": Nigerians react to N5bn budget for presidential yacht, others
Nigerians have expressed their view on the recent supplementary budget approved by FEC involving N5bn for presidential yatch, N1.5bn cars for first lady, others
After renaming its fintech, Stanbic IBTC restructures into private liability company
Stanbic IBTC Holding Plc has revealed that its banking subsidiary, Stanbic IBTC, is now a private limited company by shares to eliminate brand confusion.
"We're refunding:" NDIC pays N1.2 billion to 34,000 depositors of liquidated I79 microfinance banks
The Nigerian Deposit Insurance Corporation (NDIC) said it had refunded 34,000 depositors of the 179 failed microfinance banks and four primary mortgage banks.
“It will go down”: Abdulsamad Rabiu speaks on forex crisis, slashing cement price to N3,500
the chairman of BUA Group had urged Nigerian businesses to be patient with the Bola Tinubu administration as it attempts to stabilise the foreign exchange market.
“It will help them”: Canada announces new rule for Nigerians, others coming to study from December 1
Canada's Immigration, Refugees, and Citizenship Department is set to introduce a new rule that will apply to Nigerian citizens and those from other countries
Police, INEC, FRSC, 7 other MDAs splurge N21bn on vehicles in five months
According to approvals found in a document from the Bureau of Public Procurement, ten agencies received this payment in the period of April through August of 2023.
Landmark, Covenant, 4 other businesses owned by Bishop Oyedepo, Nigeria’s richest pastor
Canaanland, the largest auditorium in the world which can accommodate 50,000 people, and Faith Tabernacle, Africa's largest worship centre, are led by Oyedepo.
Apply: Obama Foundation invites Nigerians, others for Columbia University Scholarship
The Obama Foundation Scholars Programme at Columba University has started accepting applications from aspiring leaders in the United States and abroad.
Agric expert Sharon Idahosa details how Nigeria can grow more food, reduce prices
Idahosa discusses her steadfast dedication to furthering the progress of agriculture in Nigeria toward a more sustainable and prosperous future...
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