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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NIGERCEM: Ebonyi state set to revive cement company to rival Dangote, BUA, Lafarge
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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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First Bank, FCMB, Fidelity Bank, 3 other banks primed to beat CBN’s N500bn recapitalisation target
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Union Bank, FCMB to deduct USSD charges from airtime as new NCC billing kicks off
Two commercial banks, Union Bank and FCMB, have commenced USSD charges from customers' airtime as the new billing system by NCC begins this July.
IMF warns Nigeria to adjust 2025 budget for market realities
The IMF advised Nigeria to reconsider its 2025 N54.99 trillion budget due to lower oil prices, while projecting a 3.4% economic growth and highlighting key reforms.
New price emerges as naira strengthens against dollar amid currency reforms in July
On the first trading day of July, the naira strengthened against the dollar in parallel and official market, supported by ongoing reforms and increased liquidity.
Dangote, Nigerian Ports Authority partner to boost Nigeria’s export sector
Dangote Industries partners with the Nigerian Ports Authority to expand Nigeria’s exports, boost the marine economy, and enhance port efficiency.
NCC suspends SIM swap, registration on MTN, Airtel, others as telcos migrate
ALTON announces a temporary suspension of SIM-related services in Nigeria due to technical issues arising from the NIMC's new identity verification platform.
NCC approves national roaming experiment: MTN, 9Mobile to test network sharing
The NCC has approved a three-month National Roaming Service trial with MTN and 9Mobile to enhance network coverage and improve service quality in Ondo State.
200 youths to benefit as firm partners Lagos govt for free interior design training
Midas Interiors has partnered with Lagos state tp offer free interior design training to 200 youths, focusing on practical skills and entrepreneurship.
FG set to create new electricity subsidy program amid N4trn electricity debt
In response to the mounting debt owed to power utility companies, the federal government has announced that it is creating a new electricity subsidy program.
Afreximbank, Coca-Cola, others lead acceleration agenda ahead of 2025 ASIS Summit
Afrexximbank, the British Council, AU GIZ and MTN Foundation and over 50 institutions are working to push the boundaries of development finance in Nigeria
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