Three tier-two banks plan to raise as much as N500 billion in local and foreign currency to meet new capital...
The low asset base of Nigerian banks relative to peers makes a compelling case for a recapitalisation exercise, according to...
Mustapha Chike-Obi, chairman, Bank Directors’ Association of Nigeria, on Friday lauded the Central Bank’s latest bank recapitalisation policy but warned...
The rising cost of living in Nigeria is making a bad situation worse as it is negatively impacting the workers’...
Commuters are now paying a hefty price to move from home to workplace as the persisting scarcity of fuel balloons...
The failure of some farmers who benefitted from the Anchor Borrowers Programme (ABP) to repay the loans extended to them...
Nigeria has scant gains to show for a N1.08 trillion splurge on interventions over the last ten years targeted at...
The Federal Government has disclosed plans to partner with more state governments in addressing power shortfalls across the country. Kashim...
The price of paddy rice in Africa’s most populous nation has declined by a third over the past two months...
The new development that empowers states to generate, transmit and distribute electricity in areas covered by the national grid can...
The Federal Government’s plan to sell the electricity Distribution Companies (DisCos) under the management of banks and the Asset Management...
Out of seven listed Nigerian banks, Guaranty Trust Holding Company (GTCO) Plc, United Bank for Africa (UBA) Plc, and Zenith...