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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Zenith Bank retains Nigeria’s No. 1 spot as it eyes Kenyan expansion
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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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Ecobank, Zenith, Access, 8 other banks loan N38.55 trillion to customers in 6 months
Ecobank, UBA, First Bank, Access Bank, and 7 other commercial banks in Nigeria have increased their lending to customers by 50% to N38.55trn in six months of 2023
Lottery regulators clash over blacklisting of Naijabet, Msport, 17 other sports betting companies
A publication by the Lagos State Lotteries and Gaming Authority identifying some betting enterprises as unauthorised has been criticised by regulator
FG Introduces electronic demand note, receipt, service begins on Nov 1
The Director-General of the Standards Organisation of Nigeria (SON) has decided to launch a new EDER in order to help companies with their application.
Innoson gets new competition as American electric vehicle manufacturer sets up assembly plant in Lagos
American electric vehicle company, Saglev, is set to launch its electric vehicle assembly plant in Lagos, Nigeria, later this year with lower prices than petrol cars
Dangote Sugar Refinery aims for 1.5 million metric tonnes annual production, moves to employ 8,000
Dangote Sugar said it wants to produce about 1.5 million metric tonnes of sugar annually and employ 8,000 Nigerians at its plant in Adamawa State.
"Stop that nonsense": Stranded passengers demand refund from Air Peace after flight delay
some Air Peace customers lost patience and aggressively demanded a refund of their airfare on Friday morning after their flight was delayed for many hours.
Sterling Holdco unveils The Alternative Bank to give no-interest loans to customers
Sterling Financial Holdings' ethical banking subsidiary, The Alternative Bank, has officially launched in three major cities including Lagos, Abuja, and Kano
Zenith, Access Bank, 3 others receive 6.8 million complaints from customers in six months
Access Bank, UBA, Fidelity, United Bank for Africa, and Guaranty Trust Bank recorded about 6,865,271 million in customer complaints in six months
One month after commencing operations, Lagos shuts down train services to facilitate electricity transition
The governor announced that the metro train will stop running after the morning rush hour on Saturday (October 14) until Sunday in order to increase train trips.
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