Nigeria’s big banks take lead in hunt for new capital
Big banks have jumped right out of the blocks while the small lenders evaluate their options in a race to meet new capital rules set by the Central Bank of
Read MoreBig banks have jumped right out of the blocks while the small lenders evaluate their options in a race to meet new capital rules set by the Central Bank of
Read MoreNigerians have been thrown into darkness as the nation’s power grid experienced another collapse in the early hours of Monday, April 15, 2024. According to data obtained from the Nigerian
Read MoreAmidst ongoing dust raised by the new electricity tariff at the backdrop of inadequate power supply, electricity generation nosedived to 2,775 megawatts, MW, yesterday, a 32.3 per cent decline from 4,099.87MW recorded
Read MoreThe International Monetary Fund (IMF) has raised concerns over the rising threat of cyber-attacks on global financial stability. The multilateral institution pointed out that the number of cyber-related incidents have
Read MoreChairman of Dangote Group, Alhaji Aliko Dangote, yesterday, stressed that when the Dangote Petroleum Refinery becomes fully operational and starts selling diesel at significantly discounted prices, it would provide relief
Read MoreGuaranty Trust Holding Company GTCO Plc, has recorded 184.5 per cent increase in its Profit Before Tax, PBT to N609.3 billion in the financial year ended December 2023 from N214.2
Read MoreThe federal government has threatened to sanction power distribution companies (DisCos) that fail to supply 20 hours of electricity to customers in the Band A category. This is contained in
Read MoreThe Central Bank of Nigeria, CBN has disclosed that it expects a massive inflow of Foreign Direct Investment, FDIs, with foreign investors taking positions in Nigerian banks through the ongoing
Read MoreTHE price of Liquefied Petroleum Gas, LPG, otherwise known as cooking gas has risen to N14,150 for 12.5kg cyclinder, about 38 per cent Year-on-Year, YoY, against N10, 323.33 it sold
Read MoreThe Economic and Financial Crimes Commission (EFCC) has so far recovered N30 billion in the ongoing probe of the suspended Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu. The
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