Guaranty Trust Bank has become the latest Nigerian bank to meet the 500 billion recapitalisation target set by the Central Bank of Nigeria (CBN) for tier-1 lenders.
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MultiChoice begins testing weekly subscriptions for DStv, GOtv, may launch new plan in Nigeria
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Another Kano billionaire to rival Dangote, BUA with new cement plant
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Elon Musk could become first trillionaire as Tesla Board dangles juicy offer, Dangote gets new position
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Access Bank takes over Standard Chartered Bank after 130 years of operations
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FG takes over Nigerian bank as owners forfeit N6.3 billion shares
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Heritage Bank depositors protest as NDIC speaks on partial reimbursement
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JP Morgan, top US bank, seeks licence to operate in Nigeria as it predicts naira FX rate in 2025
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Naira falls to new low after CBN spends millions of dollar to defend currency
The first quarter of 2025 saw the Central Bank of Nigeria (CBN) intervene in foreign exchange (FX) for about $669 million according to recent report.
Chopnownow, 5 other Nigerian startups shut down over financial, other challenges
According to Startup Graveyard research, 6 of the 11 African companies that shut down, went into hibernation, or entered administration in 2024 were based in Nigeria
Nigeria’s debt hits historic high as FG seeks new World Bank loan
Nigeria's overall public debt reached its highest level ever as the most populous nation in Africa continues to rely on borrowing to pay its fiscal responsibilities.
Dealers slash cooking gas prices, announce new cost in Lagos, other regions
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Full List: Air Peace, Arik Air lead with highest passenger traffic in Nigeria
The Nigerian Civil Aviation Authority (NCAA) has released the list of Nigerian airlines with the highest passenger traffic in 2024, with Air Peace leading
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