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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Zenith Bank retains Nigeria’s No. 1 spot as it eyes Kenyan expansion
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No more N240,000: Traders announce new price of beans across different markets
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9mobile speaks on network sharing deal with MTN, confirms date for nationwide rollout
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Another airline begins operation in Nigeria, set to compete with Air Peace, others
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FG's policy causing drop in value, revenue of Tokunbo cars, dealers lament
Vehicle dealers and importers in Nigeria have decried the scarcity of foreign exchange for the drop in imports, revenue, and value of importer vehicles.
NAFDAC gives reasons UK rejects 68 exported Nigerian foods
Food and drug regulatory agency in Nigeria, NAFDAC, has implemented measures to resolve concerns about the ongoing rejection of Nigerian foods sold in the country
N1,100 per dollar: Nigerian airlines sell cheap tickets to combat high operating expenses
Domestic airlines have raised the number of aircraft seats as part of initiatives to combat high operating expenses in the aviation sector to boost their revenue
Dangote, 70 others get N390 Billion in tax waivers in two years, FG moves reduce incentives
The Nigerian government has granted 71 companies N390 billion in tax waivers in the last two years, including Dangote Sinotruck and Honeywell plc.
Access, Zenith, First Bank, 6 others emerge Nigeria's biggest banks by assets worth N90bn
About nine banks have emerged as Nigeria's most prominent with an asset base worth N90.4 trillion in the first six months of 2023, with Access Bank leading.
Kwik introduces ‘KwikShelf’ to facilitate warehousing for online sellers, others
e-commerce platform, Kwik has opened its first on-demand e-commerce fulfilment facility known as KwikShelf in Lagos for businesses to book warehouse space.
Nigerian airports may shut down after completion of NCAA audit, stakeholders lament
Upon the completion of full audit of all airports by the NCAA, stakeholders in the aviation industry have raised concern that a number of airports may be closed.
"We recorded N19bn losses": Guinness addresses rumoured plan to exit Nigeria after 74 years
Guinness Nigeria claimed that despite economic headwinds that harmed its businesses in the most recent operating year, the company managed to win.
After a price slash from N5,000 to N3,500 per bag, BUA Cement's share price soars to 12.55 per cent
BUA Cement is reportedly enjoying renewed investors' confidence as its share price has spiked in the last few days after slashing it price from N5,000 T0 n3,500.
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